County Commissioners Adopt $2.2 Billion Operating Budget for FY23

The Board of County Commissioners has adopted Mecklenburg County’s budget for Fiscal Year 2023.

The $2.2-billion budget features a 6.7% increase, or $145 million, over the current FY2022 operating budget. The budget maintains the existing tax rate of 61.69 cents and works to achieve four broad goals:

  • Fund programs and services that align with the Board’s priorities, including affordable housing, education attainment gaps, environmental leadership, Meck Pre-K, workforce development and racial disparities.
  • Demonstrate prudent decisions to protect Mecklenburg County’s financial strength now and for the future, especially given multiple geopolitical influences.
  • Strengthen Mecklenburg County through investments that build resiliency in the community and ensure that no one is left behind.
  • Leverage the historic utilization of American Rescue Plan Act (ARPA) funds for long-term value investments that will bring a high return and aid those most affected by COVID-19, support workers, and enhance infrastructure.

The FY2023 budget will take effect July 1, 2022. Highlights include:

Affordable Housing

  • $8.1 million for onetime funding to support the Rental Subsidy Fund, including $3.1 million for the Billingsley mixed-income development and $5 million for other programs.
  • $3 million in recurring funding for rental subsidies.
  • $1 million contribution to the capital campaign for Rebound men’s campus at Charlotte Rescue Mission.
  • $778,000 for the United Way of Central Carolinas to administer A Home For All: Charlotte-Mecklenburg’s Strategy To End & Prevent Homelessness.
  • $500,000 for the County to research the effects of corporate-owned real estate and its impact on residents and values.
  • $300,000 to expand current vendor housing program for justice involved persons.
  • $100,000 to support the preservation of Pottstown, a historically Black neighborhood in Huntersville.

Education Attainment Gaps 

$7.4 million in new funding for libraries, literacy programming and skill development for career readiness including:

  • $4.2 million for new CMS initiatives.
  • $3 million for the Carolinas Aviation Museum to fund education opportunities for students, including STEM education.
  • $250,000 for Out Teach to provide outdoor learning labs…