Charlotte City Council voted Monday to create the
SouthPark Municipal Service District. The move will require property owners in the newly created neighborhood to pay an additional tax to fund increased services and infrastructure projects in the area.
SouthPark community partners, as well as area businesses and landowners have advocated for the designation to generate additional funding for amenities, advocacy, administrative support and increased security measures. The investment is part of an effort to develop the area into a premier destination.
North Carolina Law allows the city council of any city to define any number of service districts to fund certain services such as urban revitalization projects, transit-oriented development projects, specialized paving of streets and sidewalks and other investments.
The SouthPark Municipal Service District tax levy will take effect July 1.
Where will the SouthPark Municipal Service District be located?
The exact boundaries of the proposed SouthPark Municipal Service District, recommended by SouthPark Community Partners, follow property lines and include properties south of Scofield Road and Wickersham Road, west of Sharon Road and Cameron Valley Parkway , north of Sharon View Road and east of Park Route South.
SouthPark’s community partners based this recommendation on the service needs of the area, identifying properties that would benefit the most from being in a municipal service district.
Who will be impacted by the tax levy? How much additional tax revenue should the area generate?
Property owners within the district boundaries will pay an additional 4 cents for every $100 of assessed value. The total municipal service district property assessment is $3.4 billion, generating total potential tax revenue of $1.36 million.
What services will taxes help fund?
Beyond the standard level of service provided by the city, members of the SouthPark business community have identified the need for the following additional services and investments:
Promoting, planning, advocating, and funding capital investments to improve the economic vitality of SouthPark, including street lighting, street and sidewalk connections, and pedestrian and multimodal pathways.
Managing contracts to provide enhanced service needs for SouthPark, including safety and security and beautification upgrades.
Branding, promotion and marketing of SouthPark to increase the tax base and maintain a unique identity for the region.
Formed an advocacy group to represent area interests and coordinate with government and private agencies, business owners and residents.
How are municipal service districts formed?
North Carolina law states that a city council may designate an area as a municipal service district if the proposed district requires one or more of the services and facilities to a demonstrably greater extent than the rest of the city. An area may also be designated as a municipal service district if the majority of business owners in the area submit a petition requesting designation.
Are there other municipal service districts in Charlotte?
Charlotte has five other municipal service districts located in residential and college town neighborhoods.