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Proposed FY 2027 Budget and Property Tax Rate

Charlotte

Summary

City Manager Marcus Jones presented a $4.5 billion budget that proposes a 1.89-cent property tax hike for police and fire upgrades, fee increases for utilities and solid waste, and a raise in the city's minimum wage to $25 an hour.

At a glance

Total mentions
5
Last 30 days
0

Last discussed Jun 8, 2026.

Impact analysis

💰Financial impact

Total budget of $4.5 billion with a 1.89-cent property tax increase costing the typical homeowner about $5.71 a month.

✅Who benefits

City employees receiving wage increases, police and fire personnel receiving compensation bumps and equipment, and residents benefiting from enhanced emergency response and infrastructure.

⚠️Who could be affected

Taxpayers and utility customers facing higher property taxes and increased monthly fees for solid waste, water, and stormwater services.

Mentions & discussions (7)

MeetingJun 8, 2026

City Council Business Meeting — June 8, 2026

The city adopted its FY 2027 budget, featuring a 1.89-cent property tax increase to fund public safety pay parity and municipal worker wage increases to $25 per hour.

City of Charlotte (.gov)Jun 8, 2026

City of Charlotte Adopts Fiscal Year 2027 Budget

City of Charlotte Adopts Fiscal Year 2027 Budget City of Charlotte (.gov)

MeetingMay 18, 2026discussed

City Council Budget Workshop — May 18, 2026

The City Council is debating various additions and cuts to the proposed budget, balancing investments in first responders, housing, and social services against resident concerns over potential property tax increases.

MeetingMay 11, 2026approved

City Council Business Meeting — May 11, 2026

Dozens of residents and workers testified during the budget public hearing, calling for higher pay for city workers and firefighters, increased housing trust funds, and sustained funding for domestic violence and disability services.

MeetingMay 4, 2026

City Council Strategy Session — May 4, 2026

City Manager Marcus Jones presented a $4.5 billion budget that proposes a 1.89-cent property tax hike for police and fire upgrades, fee increases for utilities and solid waste, and a raise in the city's minimum wage to $25 an hour.

City of Charlotte (.gov)May 4, 2026

Proposed Fiscal Year 2027 Budget Invests in Public Safety, Mobility

Proposed Fiscal Year 2027 Budget Invests in Public Safety, Mobility City of Charlotte (.gov)

MeetingFeb 23, 2026

City Council Budget Workshop — February 23, 2026

City leaders are facing a tight fiscal outlook for the upcoming year, with baseline costs growing faster than revenues and very little unprogrammed surplus available. Council members discussed the possibility of a future property tax increase to maintain service levels and fund community growth.

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