posted on June 03, 2014 10:56
At their June 2nd Board Meeting, Huntersville Commissioners approved the FY14-15 Budget. The coming year’s budget increases taxes 2.25 cents to $0.305 per $100 of assessed valuation of real and personal property. This rate continues to be the lowest of the state’s top 20 most populated cities and towns and will provide additional funds to address the capital spending as detailed in the Capital Improvement Plan and follows the direction of our citizens from the General Obligation Bond Referendum in November 2012.
In September 2015, the Town will issue $10.975 million in G.O. bonds. Projects include: additional funds needed for the intersection of Statesville (US-21) and Gilead Road, as well as bicyclist and pedestrian accommodations, medians and access management improvements; the extension of Stumptown Road across NC-115 to a new intersection with Aberfeld Road; a new West Huntersville Fire Station No. 4 to serve the southwestern portion of Huntersville and improve response times to ISO standards while easing call loads on stations No. 1 and 2; and the connection of Birkdale Village to Northcross Drive via a new bridge over McDowell Creek (this will span the Greenway that is under construction here as well) to link Townley Road to North Pointe Circle to get local traffic off NC73 and relieve surrounding intersections.
For more information on the FY14-15 Budget, visit http://www.huntersville.org/Departments/Finance.aspx.