Boone Report for Iredell County, NC

 

Mooresville raises taxes

Some board members say increase needed for growth, 2 vote “no”

 

Boone Report Volume VII, No. 3                                                                          Summer  2006

The countywide tax rate only increased by the amount needed to fund the debt service on school bonds. The Statesville City Council held its tax rate at the prior year’s level, even though the City Manager had recommended an increase.

By contrast, Mooresville property owners will be hit with 12 percent increase in municipal taxes. The town Board of Commissioners voted to raise the tax rate from 50 cents to 56 cents per hundred dollars valuation.

Commissioners Chris Carney and Danny Beaver voted against the increase. “You don’t take more than you have to,” said Carney.

Supporters claim the tax hike is needed to expand services to accommodate the town’s rapid growth. To the extent that is true, it is evidence that residential growth does not pay for itself.

Mooresville spends money for purposes other than traditional municipal services. The town has long owned a golf course that loses money, and is considering entering the cable TV business.

The previous town board made a controversial decision to employ engineering firm CH2M Hill to conduct a study of Mooresville’s wastewater treatment plant expansion. Town staff members said other firms were better qualified for the job. CH2M Hill now estimates the sewage plant expansion will cost $74 million. Just last year the firm put a price tag of $23 to $30 million on the project.



 

Visit Boone Report Online

Home | Archived Articles | Email

Publisher | PrivacyWeb Design
copyright © 2000-2008 David A. Boone

Web site copyright © 2000-2008 www.iredell.net