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Fuquay Varina holds public hearing on FY2026 budget; no adoption tonight as board weighs proposed utility rate increases
Summary
The town opened and closed a public hearing on the recommended FY2026 operating budget and five-year plan. Key points: no proposed property tax increase, a recommended 15% increase to water and sewer volumetric rates, proposed wastewater system development fee increase, and final adoption scheduled for June 2.
The Fuquay Varina Town Board on May 20 held a public hearing on the manager’s recommended fiscal year 2026 operating budget and five‑year plan but did not vote to adopt the budget; adoption was scheduled for the June 2 meeting.
Assistant Town Manager Mark Matthews summarized outreach and availability of budget materials and highlighted principal budget points: no proposed property tax rate increase (the rate would remain at 35.8 cents per $100 of assessed value), no sanitation fee increase, a recommended 15% increase to water and sewer volumetric rates, and a…
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