Matthews Board of Commissioners Approves Budget

 
Posted on Tuesday June 11, 2019
 
The Matthews Board of Commissioners approved the budget for Fiscal Year 2019-2020 during a meeting on Monday evening. The $25,640,229 budget is a 2.95% increase over last year’s budget and includes a 1.87-cent property tax increase. The tax rate for FY19-20 is $.28 per $100 valuation.
 

Matthews, NC – The Matthews Board of Commissioners approved the budget for Fiscal Year 2019-2020 during a meeting on Monday evening. The $25,640,229 budget is a 2.95% increase over last year’s budget and includes a 1.87-cent property tax increase. The tax rate for FY19-20 is $.28 per $100 valuation. 

Town Manager Hazen Blodgett outlined several challenges facing the Town this year, including increased costs for retirement contributions, solid waste fees, and insurance. 

The budget adds six new positions for the Matthews Police Department, including two patrol officers, and fully funds the switch to a 24-hour staffing model for Matthews Fire & EMS. 

All budget documents can be found here.

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