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CONCORD — People. Places. Progress. These elements provide the foundation of the proposed Fiscal Year 2021-22 Cabarrus County budget, presented to County Commissioners on Monday by County Manager Mike Downs. In delivering the proposal, Downs said the budget balanced future investments with “being mindful of how those investments affect taxpayers” who may be struggling to make ends meet due to the pandemic. Downs The recommended budget increases funding in several important areas while maintaining the property tax rate of 74 cents per $100 of assessed value, for a total Operating Budget of just over $297 million. With that tax rate, owners of a $214,000 house (the median single-family assessed home value in Cabarrus), would pay $1,584 a year in county property tax.

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