Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lenoir City Council adopts FY 2026 budget, keeps tax rate at $0.94
Summary
The Lenoir City Council approved the fiscal year 2026 budget and an ordinance to keep the municipal tax rate unchanged at $0.94. Council cited a faster-than-expected fiber project, modest revenue adjustments and employee pay increases as key budget items.
Lenoir City — The Lenoir City Council unanimously adopted the city—udget for fiscal year 2026 and approved an ordinance keeping the municipal tax rate unchanged at $0.94, the council said during its June meeting.
The budget adoption authorizes spending for the fiscal year beginning July 1, 2025, and ending June 30, 2026. City staff told council the proposed FY26 budget shows relatively few changes from the prior year: a $3,000 increase in permit revenue, a $500,000 increase in an identified revenue line, and a $300,000 reduction in both revenue…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
