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ECONOMY AND JOB CREATION

As Mayor, Pat McCrory worked directly with businesses, old and new, to build and retain relationships aimed at making Charlotte one of the strongest cities in the nation for job creation and economic stability.

Mayor Pat McCrory has led Charlotte as it continues to expand its base as a major employment hub in the Southeast. The city’s diverse economy, high quality of life, educated and skilled workforce is attractive for corporate headquarters of Fortune 500 companies as well as many entrepreneurial start-ups.

Sustained no property tax increase pledge in all budgets presented to City Council except for one, in 2006 the Democrat-controlled city council overrode the Mayor’s veto to raise the city property tax rate

Has used the veto 15 times to control spending and to ensure more efficient government. Only three overrides have been successful

11,761 new jobs created in 2004, 155,588 (Mecklenburg County) jobs created in last 10 years

7 Fortune 500 Companies Headquartered in Charlotte (5th highest in nation)

286 Fortune 500 firms represented in Charlotte

Named 3rd best metro area for business location

7th highest city for new and expanded business activity

The recruitment of Johnson & Wales University brought 400 new jobs, an initial class of 1,200 students with an expected 4,000 students once all four class levels are established, and generated at least $60 million in new construction.

Charlotte has maintained an AAA bond rating by both major rating agencies, one of only 21 cities in the nation to do so, during the past decade.

Thousands of jobs recruited include: General Dynamics, TIAA Creff, Billy Graham Library, Goodrich Corporation and many start-up businesses like Lending Tree.
 

 
Paid for by Friends for Pat McCrory