Charlotte Leaders Gather In Raleigh For Annual Strategy Retreat
Starting Monday, Charlotte city leaders will meet in Raleigh for three days for their annual session to discuss policy and spending priorities for the coming fiscal year.
Officials have given this year’s City Council retreat the title, “From Vision to Action.” The city has also tacked an extra half-day onto its annual meeting, according to a news release, to “provide additional time for thoughtful discussion and review of city priorities.”
Agenda items at the three-day retreat in Raleigh include Charlotte’s ongoing push to develop more affordable housing, workforce development efforts and the city's fiscal year 2020 budget.
Last year, council members approved a budget that included pay raises for police officers and a one-cent increase in Charlotte’s property tax rate. But there’s a chance the council will lower the rate in the next budget to help compensate for rising property values in Charlotte-Mecklenburg.
Property values soared by an average 54 percent under the new countywide property revaluation, released last Wednesday. By law, council members must consider setting a property tax rate that would be “revenue neutral.”
At this week’s retreat, City Council members and Mayor Vi Lyles will also discuss Charlotte’s legislative agenda for the coming year. City leaders will also hear perspectives on the economy from Wells Fargo senior economist Mark Vitner.
The strategy retreat runs from Monday through Wednesday at the Renaissance Raleigh North Hills Hotel.
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