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Why should we plan for commercial and industrial growth in Belmont? There is plenty of that in Charlotte, Mt. Holly and Gastonia.

Like other cities in North Carolina, property and sales tax are Belmont’s primary sources of funds to pay for facilities such as roads, parks, and public services—together they make up 75% of the City’s total revenue stream. While residential growth is very important to a healthy Belmont, to maintain reasonable property taxes and provide high quality services and facilities that our residents want and need we need to encourage a balanced tax base that includes commercial and industrial properties. It is also important that we try to provide more jobs close to where our residents live.

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