The Alexander County Board of Commissioners approved the proposed budget submitted by County Manager Rick French with one significant exception, there will be no 4 cent property tax decrease. French made the recommendation at the May 16th meeting.
Commissioners approved a budget of $52,385,587 at their meeting Monday night. The budget includes no tax increases in fire districts and no fee increases for building inspections, zoning, or fire inspections. The City of Hickory is proposing a 3 percent increase in water rates, pending approval of the Hickory City Council.
The board announced after a budget workshop last week that they would not include the property tax decrease as suggested at this time because they “believe it would be prudent to wait on the results of the county’s tax revaluation in 2023 and then determine how much to decrease the property tax rate.”
The budget includes a five percent cost-of-living adjustment for county employees.
A full report will on the meeting will be available later.