
Development News for Cornelius, North Carolina
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Development News from the latest meeting
Board of Commissioners 6 - 01 - 2025
Monday, Jun 1, 2026
Cornelius Town Board Approves 5% Electric Rate Increase for FY2027
The Town Board approved the electric fund budget for fiscal year 2027, which includes a 5% retail rate increase across residential, small commercial, medium commercial, and medium industrial tiers. This increase is necessary to cover rising wholesale purchase power rates, capital expenditures, and economic development-related costs. Despite the increase, the town's electric rates are projected to remain competitive.
Cornelius Updates Planning and Zoning Fees in Revised Schedule
The Town Board reviewed and approved a revised fee schedule that includes several adjustments to planning and zoning-related fees. These changes, recommended by the Planning Department during their yearly review, involve increases for quasi-judicial approvals and amendments, variance appeals, legislative approvals and amendments, land development plan reviews, and various permit fees (e.g., commercial, residential, zoning, sign, temporary use).
Cornelius Prioritizes Public Safety in FY2027 Budget with Salary Increases
The Town Board discussed and approved the fiscal year 2027 operating budget, which includes increased funding for public safety departments, specifically the police and fire departments, and the 911 telecommunications center. This funding is intended to address high vacancy rates, improve competitiveness in salaries to aid recruitment and retention, and ultimately restore service levels. The budget includes a 1.3-penny portion of the property tax increase specifically for these public safety salary enhancements. Discussions highlighted the critical need to address these vacancies and improve service capacity.
Cornelius Allocates Funds for Park Improvements and Land Acquisition in FY2027 Budget
The Town Board approved the fiscal year 2027 operating budget, which includes allocating funds for park priorities identified by the public. The budget authorizes the issuance of $9.94 million of park bonds, part of a previously approved $20 million bond authority. The majority of these funds will be used for land acquisition for open space preservation and future park development, as well as for the expansion of existing parks and the design of a greenway.
Commissioner Todd Sandsbury Resigns; Board Expresses Gratitude
The Town Board acknowledged the resignation of Commissioner Todd Sandsbury, effective immediately, due to his move out of state. The board members and staff expressed their appreciation for his five years of service, highlighting his thoughtful leadership, objectivity, commitment, and friendship. The process for appointing a replacement was also outlined, with the appointment to occur at the next board meeting on June 15th.
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