Town previews balanced draft 2026–27 budget with proposed pay adjustments, no property tax increase Town staff presented a balanced FY 2026–27 draft budget that proposes a 4% COLA plus market pay adjustments (up to 10% for some roles), no proposed increase in the property tax rate, modest sanitation and water/sewer fee increases, and capital spending on vehicles and building projects; adoption is expected in May after further board review.

Aberdeen's draft budget for FY 2026-27 promises a balanced approach with no property tax increase while proposing competitive pay adjustments for employees.

Read the full story

#NC #CitizenPortal #CommunityInvestment #PublicServices #NorthCarolinaBudget #FiscalResponsibility

Superintendent previews $35.1 million amendment; board approves bond projects and HVAC contract Superintendent Don Phipps reviewed FY2026 budget amendment and transfer No. 8 totaling about $35.1 million—largely federal grant carryover—and staff answered questions about state and local fund coding. The board approved a consent agenda (unanimous), capital bond projects (7–1) and an HVAC design contract (unanimous).

Superintendent Don Phipps unveiled a staggering $35.1 million budget amendment, primarily fueled by federal grants, while the board took decisive action on key projects.

Get the details!

#NC #EducationFunding #NorthCarolinaBudget #FederalGrants #CitizenPortal

County: sales tax shortfall and SNAP funding shifts tighten budget as CIP tops $2 billion County officials told the joint boards a sales tax shortfall of about $11 million for FY 2024–25 and unwinding SNAP/ARPA funding is placing immediate pressure on budgets; the county’s 10-year CIP currently exceeds $2 billion and coordination with DPS is needed for referendum planning.

Budget pressures are mounting in North Carolina as a staggering $11 million sales tax shortfall and shifts in SNAP funding threaten vital public services.

Click to read more!

#NC #PublicFunding #CitizenPortal #CommunityEngagement #NorthCarolinaBudget #FiscalResponsibility

Audit update, refunds and fundraising: board adopts budget resolution after hearing auditor and finance briefings Auditor Forvis Mazars updated the board on open items and draft fiscal-year 2024'025 financials; interim superintendent Katie Moore summarized debt-repayment progress (payments to DPI funded in part by community donations and a county match) and proposed a $3.5 million repayment target and a $2.1 million reserve. The board adopted the 2025'026 budg

The board has officially adopted the 2025-2026 budget, but with a staggering $30.9 million deficit looming, what will the future hold for the district's finances?

Click to read more!

#NC #CommunityFundraising #CitizenPortal #NorthCarolinaBudget #FiscalResponsibility

www.cbs17.com/news/capitol...

#NorthCarolinaBudget
#NoBudgetByJuly1

The House GOP and the Senate GOP can't even decide as a party on how best to screw North Carolina.