Charlotte Leaders Happy About No Property Tax Rate Increase

Charlotte approves new budget

Charlotte City Council voted on Monday to approve a $3.6 billion budget for the next fiscal year, which begins July 1. The new budget won’t raise property taxes but will come with some fees increases, such as for storm water services. Highlights: Minimum pay for full-time employees goes to $24 an hour. Creates a $1.5 million Small Business Readiness Fund to build small business capacity in targeted industries. Establishes an Office of Youth Opp…

Charlotte leaders happy about no property tax rate increase

CHARLOTTE – City Manager Marcus Jones’s recommended $3.6 billion budget for the 2026 fiscal year won over every member of the city council as they unanimously approved a budget with no property tax rate increase.

Charlotte City Council Approves $3.6 Billion Budget with Focus on Youth and Nonprofits

Charlotte City Council approved a $3.6 billion budget on Monday, outlining major spending priorities for the upcoming fiscal year. The adopted plan includes targeted investments in youth programs, nonprofit support, and community wellness initiatives. Councilwoman Dimple Ajmera, who leads the city’s budget committee, emphasized youth services as a key priority. As a result, the Greater Enrichment Program received its full $200,000 request to pro…