Master Transportation Plan Finance and Fiscal Forecast
Table 23: Other Funding Sources and Financial Tools for the City of Charlotte Other Funding Source / Tool 19 Definition Local General Fund
The city’s main operating fund, supported primarily by property and sales taxes. Pays for basic services (e.g., police, fire, street maintenance) and certain transportation expenses. A levy on property values, providing revenue for the General Fund, debt service, and PAYGO funds. Includes dedicated portions for transportation and capital projects. A tax on retail sales, with portions dedicated to transit (e.g., Article 43 for the Charlotte Area Transit System [CATS]) or capital investment programs. Charges to individuals or businesses for specific services or facilities (e.g., parking fees, airport landing fees, development review fees) that recover service costs. A city fund used to pay principal and interest on outstanding city debt, often funded by property and sales taxes. A special tax district established within the City of Charlotte. A multi-year budget outlining planned investments in long-term infrastructure such as roads, sidewalks, and transit facilities. Financing tool that allows the city to borrow for capital projects without voter approval, secured by lease payments on city assets. Debt repaid from revenues generated by a specific service or facility (e.g., airport fees, water/sewer charges). Funds moved between city accounts to cover administrative or operational support for transportation services. Public-private partnership financing where increases in property tax revenue from a redevelopment area help pay for project costs.
Property Tax
Sales Tax
User Fees
Municipal Debt Service Fund
Capital Investment Plan
COPs
Revenue Bonds
Transfers from Other Funds / Interfund Charges
STIGs
Regional
19 https://www.charlottenc.gov/files/sharedassets/city/v/3/city - government/departments/documents/budget/fy2025/proposed -fy-25-budget.pdf
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