Some projects outlined in the plan include a gateway to reconnect McCormick Field and Memorial Stadium with downtown, public art installations and commemoration of the neighborhood’s African American history. The plan does not include specific funding commitments for capital projects or investments.
The proposed tax rate of 41.3 cents appears lower than the current rate of 42.89 cents, explained city Director of Finance Tony McDowell. However, the median tax bill will still go up from $995 to $1,215 — more than 22% — due to the 27% increase in median property value for Asheville residents assessed by this year’s Buncombe County revaluation.
