The adopted $200 million Cabarrus County budget for fiscal year 2013 (beginning July 1, 2012), increases the property tax rate to 70-cents per $100 valuation and decreases spending by 21.68% compared to amended fiscal year 2012 general fund expenditures.
Close to half (1/2) of Cabarrus County’s annual budget is used to pay for public school education and school construction debt. That is more than is spent on public safety, human services, or any other budget category.
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