Cabarrus County Board reviews fiscal year 26 budget amid $6M deficit

Cabarrus County's Board of Commissioners is gearing up for a pivotal budget approval meeting on June 16, 2025, following a comprehensive presentation of the proposed fiscal year 2025-2026 budget. County Manager Sean Newton highlighted the challenges faced in crafting this budget, including a significant $6 million deficit and the recent transition to new leadership. Despite these hurdles, Newton praised the staff's commitment to financial stewardship, resulting in a balanced budget that maintains the current tax rate of 57.6 cents per $100 of assessed value.

The proposed budget totals $399 million for the general fund, reflecting a 5% increase from the previous year, and $548 million across all funds. Key priorities include public safety and education, with substantial investments earmarked for local schools. The budget proposes a 10% increase in funding for Cabarrus County Schools and Kannapolis City Schools, addressing the rising operational costs and supporting capital improvements totaling over $29 million for educational facilities.

However, the budget discussions have sparked debate among commissioners, particularly regarding the tax rate. Commissioner Pittman expressed concerns over the high property tax burden on residents, advocating for a reduction to a revenue-neutral rate. He emphasized the need for careful examination of budget cuts that have impacted essential services, including reductions in the sheriff's office and emergency medical services.

As the board prepares for the upcoming meeting, the focus remains on balancing fiscal responsibility with the community's needs. The outcome of these discussions will shape the county's financial landscape and service delivery for the coming year. Residents are encouraged to engage in the budget process, providing input before the final adoption.