CHARLOTTE, N.C. — Charlotte City Council members passed a $2.7 billion budget for the next fiscal year.

The vote was 8-to-1 with councilman Tariq Bokhari voting against it.

 “There’s really just one reason that I’m going to vote against this budget tonight which is the mayor and council pay increases. I am a firm believer that this is a form of sacrifice that we need to be able to come here and serve for a short of period of time, to give back to our community. When we increase the pay where it becomes a viable option for people to make this a career, it will become a career job,” he said.

However, the budget includes a number of key aspects most of the council applauded. It includes no property tax increase, no furloughs or layoffs for city employees, and does not call for any reduction in city services.

Additionally, it funds $14 million for designated “corridors of opportunity” to support affordable housing, neighborhood stabilization and job and economic development initiatives.

There is also $1 million in new funding that goes to Charlotte nonprofits addressing violence as well as funding to reimagine policing and implement "Safe charlotte" recommendations.

“It’s pretty remarkable and just really speaks to how well the city is being run in providing, continuing to provide important services to our residents,” councilwoman and Mayor Pro Tem Julie Eiselt said.

The adopted budget does increase solid waste fees and changes the way water rates are calculated.