Mooresville Town Budget Tops $100M For First Time

MOORESVILLE, NC -- The Town of Mooresville will need more than $100 million next year to operate according to the town manager who recently presented his budget plan to the town board, The Mooresville Tribune reports.

Town Manager David Treme made his bid May 15 to increase municipal spending in the town’s proposed 2017-2018 budget by about 6 percent to $104,504,415. The tally marks at first time the town of about 35,000 residents has surpassed the $100 million mark, the newspaper noted.

The budget proposal’s increase will pay for the town’s capital improvement plan and would not require increases in property taxes, which marks the tenth consecutive year of maintaining a flat tax rate, the proposal said.

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According to the proposal, the budget would pay for major projects including:

• Buying new police body cameras and data storage
• Buying six replacement patrol cars for the Mooresville Police Department
• Replacing rearloading and sideloading garbage trucks
• Extending a 42” sewer line
• Replacing waterline on Spencer Avenue and Boger Avenue

“Fortunately, the operating funds can meet the personnel, operation, debt, and strategic tactical actions of the growing community without undue financial hardship,” Treme said in the budget proposal. “However, it must be noted as the Town continues to grow and expand so will the cost of providing programs and services.”

Commissioners could approve the plan June 5, according to the newspaper.

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