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Blacksburg holds public hearing on roughly $108 million FY2026 budget; adoption set for May 27
Summary
Blacksburg — Town staff presented the fiscal 2025–26 recommended budget and the Town Council held a public hearing; adoption is scheduled for May 27.
Blacksburg — Town staff presented the fiscal 2025–26 recommended budget and the Town Council held a public hearing; adoption is scheduled for May 27.
Staff described the combined budget package (ordinances 2076 and 2077) as "just over a hundred and 8,000,000" including capital and debt, with an overall increase of roughly 2.9% and a larger operating increase when one-time capital and debt are excluded. Staff said the town will keep the real estate tax rate at 26¢ per $100 of assessed value and projected moderate revenue growth driven in part by higher costs for goods and services.
The pres…
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