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Smithfield adopts FY2025'026 budget, capital plan, tax rates and new water and sewer rates

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Summary

Council adopted the fiscal year 2025'026 operating budget and five-year CIP, kept tax rates unchanged, approved water and sewer rate increases and voted to join the Local Choice health benefits program.

The Smithfield Town Council adopted the fiscal year 2025'026 operating budget, the five-year capital improvements plan and related ordinances and resolutions at its June 3 meeting.

Council also approved an ordinance that maintains current tax rates for the 2025 calendar year and adopted new water and sewer rates recommended by a recent rate study: water rates will increase to $8.50 per 1,000 gallons and sewer rates to $6.00 per 1,000 gallons. The council voted to join the Local Choice health benefits program to replace the…

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