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Charlo. tte Mecld rg County, one of only pla.,ufing a S400 million expansion of resuffaced with a few small textile two Aaa-rated cities in the state, and - its cigarcne manufacturing plant The plants closing during the cuncnt a major canter for banking, trade and location of the Charlotte Motor rccession: in addition, the county's manufacturing. Most of the counti~ Speedway in the county is a positive largest taxpayer--Pinsburgh Plate & in this grouping exhibit a degree of factor, bringing in substantial rcve- Glass---has temporally laid off a economic diversification, commercial nnes for local businesses. Cot'my couple hundred employees. Recent and residential development, above- financ:al ope,"afions arc very well per capita income estimates arc average wealth levels, and tax base managed: the General Fund balance slightly below state norms. Favorable growth, linked to ':2haflotte's dynamic equaled more than 34% of General financial operations arc reflected in economy; none, however, approaches Fund revenue in fiscal 1990. Debt growing General Fund reserves, the economic performance of Meck- burden is modest and payout is above which were over 30% of total operat- lenburg, and a few remain primarily average. Bonowing plans over the lng revenue in fiscal 1990. The rural with strong textile-manufactur- next few ),ears include funds for a county does not have any plans for ing bases. Unemployment levels county airport; $6 million of the additional bonowing. within the grouping tend to minor remaining $14.5 million authorization state averages, with the exception of to construct a water reservoir, an csfi- Gcaston County A1 Mecklenburg County. which displays mated S3 million to construct an Gaston County, located appmxi- below-average unemployment levels, addition to a health department build- mately 10 miles west of Charlotte, and aeveland County, which tradi- lng; and approximately S1.6-1.8 mil- includes the city of Gastonia, the tionally has had the highest unem- lion in lease financings to fund a ninth largest city in North Carolina. ployment levels of the grouping. Per landfill liner. Its economy is based principally in capita income for the grouping is ~ textile manufacturing, although raid), sUong: figures for four of the Clevelond County Al growth in non-textile industries and Seven counties exceed state averages, Cleveland County borders thc South services is also responsible for thc and figures for the other three are jusl Carolina state line. The county's ceo- economy's consistently good per- below state levels, nomic base includes automotive and fonn ance. lntcrslate 85 runs through · technological manufacturing plants, the county, providing cas)' access for Cobonus County A1 as well as textile, electrical, and fiber- commuters to Charlotte; this proxim- Cabanus County, which includes the glass manufacturing. Residential vat- ity contributes to above-average city of Concord, was once predomi- ues have grown substantially over the wealth levels, a growing labor force, nanfly textile-based; more recendy, past few years, particularly in the and Iow unemployment levels. The