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Cornelius News

$22M town budget on deck Monday evening

April 30. Cornelius Town Manager Anthony Roberts is expected to unveil the proposed 2017-2018 town budget at Monday evening’s Board Meeting. Town officials had previously indicated that they were aiming for a no-tax increase spending plan during the next fiscal year. The budget Roberts’ is working on is in the $22 million range, about the same as the current fiscal year, which ends June 30. The current town tax rate is 25.5 cents/$100 valuation, which means the town property tax on a $250,000 house would stay at about $637 a year. Residents also pay county property taxes on top of local town taxes, which support county services such as parks— like Jetton and Ramsey Creek—as well as education and social services.

Also on Monday evening, the commissioners are expected to hold a public hearing on the proposed QT Convenience Store, to be located where the Acropolis Diner currently stands. The hearing was continued from April 17 awaiting the state DOT’s comments on the project’s traffic impact analysis. The meeting will begin at 7 pm in the Town Hall Assembly Room on Catawba Avenue.