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Cornelius News

Draft budget freezes local property taxes

May 6. Cornelius Town Manager Anthony Roberts’ proposed 2018-2019 town budget, his last before leaving for Huntersville to become Town Manager, is expected to keep property taxes at the current tax rate of 25.5 cents for each $100 assessed tax value. The $23.4 million spending plan, which will be unveiled at Monday’s (May 7) Town Board meeting, represents an increase of approximately $900,000 over the current budget. It will be the subject of a public hearing on Monday May 21.

The proposed new budget, which officially takes effect place July 1, assesses the owner of a $250,000 house about $637 a year in local taxes. County taxes comprise about 80 percent of your total property tax bill. The budget for this year is here .

It means Roberts will continue to pay about $1,482 a year in local taxes on his Cornelius home; Huntersville officials are not stipulating that he move there for his new job.

Cornelius Assistant Town Manager Andrew Grant will move up to the town manager position sometime in June.

Cornelius Planning Director Wayne Herron is expected to move up to the assistant town manager position after a new planner is hired. 

“It is anticipated he will be de facto assistant town manager until the planning department is staffed and trained,” said Commissioner Michael Miltich. Town officials give Herron, the former Monroe city manager,  high marks for his management of the planning department here.

Grant and Roberts have worked hand-in-glove together on more than a dozen Cornelius budgets.

Roberts is suggesting that town commissioners vote on the budget either June 4 or 18. His first day on the job in Huntersville is expected to be June 4. He will work once again with Huntersville Finance Director Jackie Huffman, the former finance director in Cornelius.

The Cornelius budget reflects an increase of 2 percent in sales and franchise tax revenue, as well as a 2 percent increase in the town’s assessed value. It would keep 1.5 cents of the tax rate dedicated to transportation capital costs, County property taxes on top of local town taxes, which support county services such as parks like Jetton Park and Ramsey Creek Park as well as education and social services.

To view the recommended budget, click here .

Also on Monday evening, the board is expected to receive an update on the status of the Ramsey Creek Swimming Beach in anticipation of the facility opening later this month.

The meeting will begin at 7 pm in Town Hall on Catawba Avenue.