CHARLOTTE, N.C. — Charlotte city leaders will meet Wednesday to discuss raising taxes to pay for more affordable housing and a pay increase for Charlotte-Mecklenburg police officers.
Those two initiatives are part of the $2.6 billion budget proposed by the city manager, and on Wednesday, city leaders will have a chance to make changes.
Currently, the budget includes historic levels of funding for affordable housing -- taking the affordable housing fund from $15 million up to $50 million.
It would also give CMPD officers a 6.5 percent raise, though officers originally had asked for 15 percent.
The city manager is also asking for a one-cent property tax increase and there will be increases in stormwater, Charlotte Water, and solid waste fees.
Some city council members complained about the proposed budget, saying they were kept in the dark about the tax increase. It would mean .87 cents a month for a $100,000 home.
A final vote on the budget is set for June 11.
Count on Channel 9 for any developments that may come from Wednesday’s workshop, and we’ll have complete coverage on Eyewitness News at 5 p.m.
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