Mecklenburg commissioners voted unanimously to adopted a budget for fiscal 2023, which begins July 1.
It carries a 6.7% spending increase with no hike in property taxes.
Here’s a snapshot of how some of that money will be spent:
Affordable housing:
- $8.1 million in one-time funding to support the Rental Subsidy Fund.
- $778,000 for A Home For All, a county strategy to end and prevent homelessness.
- $500,000 to research the effects of corporate-owned real estate.
- $100,000 to support the preservation of Pottstown, a historically Black neighborhood in Huntersville.
Racial Disparities:
- $3 million to create opportunities for generational wealth building.
- $470,000 to support StarMed’s nonprofit The Blessing Foundation.
- $389,000 to expand food security initiatives.
Employees and Human Resources:
- $16.6 million for a 5% across-the-board salary increase for all full-time and part-time employees.
- $3.5 million to increase the county’s minimum wage to $20 per hour.
- $470,000 for new hires.
You can go here to see the full budget breakdown.
