Mooresville's Board of Commissioners has approved a new budget for the fiscal year 2026, which includes significant changes aimed at enhancing community services and employee benefits. The budget highlights a positive increase in property tax revenues, totaling $8.86 million, attributed to a 6.34% rise in property valuations. Despite this increase, the property tax rate will remain unchanged at $0.40 per $100 of assessed valuation.
One of the most notable changes is the increase in solid waste fees, which will rise from $144 to $204 annually to cover escalating collection and recycling costs. Additionally, water and sewer fees will see an average increase of approximately $3.95 per month, effective January 2026.
The budget also allocates funds for 24 new benefited positions to enhance services at the Mooresville Center, aiming to create a more efficient one-stop shop for residents. Employees will benefit from a merit-based pay increase of up to 5%, along with improved vacation accruals and the introduction of a new step plan for fire and police personnel, designed to reward performance.
Healthcare costs have risen by 15%, but the board has decided to absorb these additional expenses, ensuring that employees do not face increased costs. The budget also includes a commitment to a comprehensive pay and classification study, which aims to ensure competitive compensation across all roles.
In response to employee feedback, the budget introduces several new benefits, including a separation benefit for fire personnel and adjustments to the timing of longevity pay to allow employees to utilize it during the holiday season. The board emphasized its commitment to being an employer of choice, focusing on attracting and retaining top talent to provide exceptional service to the community.
Overall, the approved budget reflects a proactive approach to managing community needs and employee welfare, setting the stage for continued growth and improved services in Mooresville.