The document provides information about the Town of Davidson, North Carolina. Davidson is a town located in Mecklenburg County, settled in the mid-1800s around Davidson College. It was incorporated in 1879 and has a current population of over 9,000 citizens within its 5 square mile area. The town has a council-manager form of government led by a mayor and town board of commissioners, with a professional town manager administering policies. Key services provided by the town include planning, public works, parks and recreation, public safety, and town government operations. The town's annual budget for fiscal year 2015 was $10.6 million, with property taxes set at 35 cents per $100 of assessed value.
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Budget
FY2015 = $10,623,186
Sources of funds= Taxes, fees, other
• Property tax= 35 cents/$100 of property
Where each dollar goes*
• 24 cents – Police, public safety, fire and rescue
• 13 cents ‐ Streets
• 13 cents – General government and Governing Board
• 12 cents – Parks and recreation
• 10 cents – Telecommunications
• 6 cents – Solid waste
• 6 cents – Contribution to Capital Projects Fund
• 4 cents – Economic development
• 3 cents ‐ Planning
• 3 cents – Powell Bill
• 3 cents – Travel and tourism
• 2 cents – Storm water
• 1 cent ‐ Other
Source: Mecklenburg
County FY14-15 Tax
Brochure
Powell Bill = funds
from NC to be used
for town streets,
sidewalks, bike
lanes