Presbyterian Hospital-Matthews held its annual Memorial Day Ceremony last Thursday. The hospital honored veterans and currently-serving military personnel. The ceremony featured an aerial demonstration, wreath laying ceremony, recognition of the Armed Services and service anthems performed by the Sun Valley High School Band. Special remarks were offered by Brigadier General Gary Wilfong of the […]
Sue McDonald, administrative director at the Mint Hill Historical Society, said they recently uncovered a soil map from 1910 that shows a long lost town in the area. While looking at the landmarks and towns, they noticed that the area where Fayetteville Road (now Albemarle Road) and Blair Road intersect there was a town called […]
Town Manager Brian Welch will present the fiscal year 2012 budget to the board of commissioners at next week’s regularly scheduled meeting. After three workshops, the commissioners are expected to approve the budget with few if any changes.
Welch is recommending $10,619,436 in spending for the next fiscal year which begins in July, down about $1 million from the previous year’s budget. Most of the drop in spending comes from a decrease in capital projects and debt which is no longer on the books.
Last year, the town spent funds on purchasing land for the new town hall, permits and testing. Construction costs this year will appear as a “capital project ordinance,” and is separate from the regular budget.
The town hall will cost about $6 million to build, but that money will come directly from the fund balance. While spending over all will be down, so will the property tax rate. Currently, residents pay .275 per $100 in property taxes. Welch is recommending to the board that the tax be decreased to .27 cents per $100.
“We will derive enough revenue to produce a balanced budget while maintaining the same level of service to the citizens,” Welch said. […]