Fuquay Varina Town Board adopts zero tax increase budget for fiscal year 2025-2026

The Wake County Board of Commissioners meeting on June 2, 2025, highlighted a significant milestone for the town of Fuquay Varina as it moved to adopt a balanced operating budget for the fiscal year 2025-2026. This budget, which includes a five-year operating and capital plan, is particularly noteworthy as it proposes no tax increase for residents, a relief amid rising costs of living.

During the meeting, town officials emphasized the importance of fiscal responsibility and community investment. The finance department, led by Finance Director Mark Stevens and Budget Manager Katie Lum, was recognized for their diligent work in preparing the budget, which reflects the town's commitment to maintaining essential services while controlling expenses.

Mayor Massengill expressed pride in the budget's structure, noting that it aligns with the community's expectations for continued growth and service enhancement without imposing additional financial burdens on residents. He pointed out that while the county has approved a tax increase, Fuquay Varina's budget stands out for its careful management of public funds, treating taxpayer dollars with the same care as personal finances.

The budget also includes adjustments to water and sewer fees, which are necessary to cover operational costs. However, the overall message from the board was one of optimism and dedication to providing quality services while keeping the community's financial health in mind.

As the board prepares to finalize the budget, the focus remains on ensuring that Fuquay Varina continues to be a desirable place to live, balancing new projects and equipment needs with the economic realities faced by its residents. The adoption of this budget marks a proactive step towards achieving these community goals.