Home / Departments / Finance / Fiscal Year 2012 Budget Information

Fiscal Year 2013 Budget Information


FY13 Budget is available online.

Past Fiscal Year Budgets are available online.

• Fiscal Year begins July 1, 2012 and ends June 30, 2013
• Total Budget for Fiscal Year 2012-2013 = $85,565,621
• General Fund Budget = $46,790,730
• General Fund Revenue, property taxes = $28,353,586
• Utility Fund Budget = $19,518,898
• Utility Fund Revenue, water receipts = $7,606,685 & sewer receipts = $9,723,742
• Tax Rate is $0.58 per $100 dollars of valuation
• To calculate your Town tax bill, divide your valuation by 100 then multiply by $0.58.
• Residents also have an Iredell County tax bill.
• Some residents will have a Mooresville Graded School District tax bill.
• A penny of the tax rate is approximately $486,500 in revenue to the Town.