Charlotte

Mooresville Holds Steady on Property Tax Rate for 17th Year Amidst Growth and Budget Fortitude

AI Assisted Icon
Published on May 22, 2025
Mooresville Holds Steady on Property Tax Rate for 17th Year Amidst Growth and Budget FortitudeSource: Google Street View

The Town of Mooresville has released its budget for the 2025–2026 fiscal year, keeping the property tax rate unchanged at $0.4836 per $100 of valuation for the seventeenth straight year. According to the Town of Mooresville press release, the budget also includes a planned utility rate increase, averaging an additional $3.95 per month for households.

The Town of Mooresville continues to manage financial pressures from a growing population and increased demand for services. Its budget decisions align with the goals outlined in Mooresville’s recently adopted Strategic Plan, which focuses on sustainable growth and maintaining service levels.

Key priorities for the upcoming fiscal year include improving customer service, attracting new economic development opportunities, and responding effectively to community growth. The town’s budget strategy emphasizes efficient planning and responsible financial management to support its future goals.