We live in a country where private property rights are highly valued and government control is limited. For Belmont to stop all future growth, the City would have to purchase existing development rights for all parcels within its planning jurisdiction. Even if everyone who owned property agreed to sell their rights and it was legal … Continued
FAQ Topic: New Development
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 … Continued
You can find a list of current projects on our Current Planning Projects page, or by utilizing our Current Projects Map.