County of Cabarrus issued the following announcement on July 7.
Hey, CabCo! Here are five things to know about the County’s FY23 Budget:
Commissioners unanimously voted to adopt the Fiscal Year 2022-23 (July 1, 2022 through June 30, 2023) Cabarrus County budget at their June 20 meeting.
The budget maintains the property tax rate of 74 cents per $100 of assessed value, for a total Operating Budget of just under $318 million.
With that tax rate, owners of a $217,000 house (the median single-family assessed home value in Cabarrus), would pay $1,606 a year in County property tax.
The recommended budget focuses on three key areas the County will need to support in order to keep up with the area’s rapid growth: personnel, education and capital (building) projects.
Learn more about the County’s FY23 Budget at https://www.cabarruscounty.us/Connect-with-CabCo/Hot-Topics/FY23-Budget-Information?fbclid=IwAR38sHDxFvknMQ-cVgGnJZF4_4gDv2JFzmowT8g_PfrgjVSl3DoTkKDHwD8
Source: https://web.facebook.com/cabarruscounty?_rdc=1&_rdr
