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Blacksburg introduces $108 million recommended operating budget for FY2025–26; public hearing set for May 13
Summary
Town staff presented the proposed fiscal year 2025–26 operating budget totaling about $108 million; council formally introduced the document and scheduled a May 13 public hearing and a May 27 adoption vote. The proposal holds the property tax rate at 26¢ and includes a 5% increase for water and sewer rates and a 3.7% increase for solid waste.
Town staff formally introduced the Town of Blacksburg’s recommended operating budget for the 2025–26 fiscal year, a document staff described as largely routine that totals about $108,000,000 across all funds. The council accepted the budget for review and set a public hearing for May 13 and an adoption consideration for May 27.
Mark (staff member) presented the budget overview and said the all‑funds total is approximately $108 million, with the general fund at just over $53.4 million. The presenter said that, when capital and debt vary year to year, an apples‑to‑apples comparison shows roughly a 5% increase overall and about a 4% increase in the general fund compared with last year.
Key items in the recommended budget include: a continued property tax…
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