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Rocky Mount council adopts 2025–26 budget, raises property tax rate 4 cents to 62¢
Summary
The Rocky Mount City Council adopted the fiscal year 2025–26 budget and approved a 4¢ increase in the property tax rate to 62¢ per $100 of assessed value after extended debate over fund balance, services and impacts on seniors.
The Rocky Mount City Council on a voice/show-of-hands vote adopted the fiscal year 2025–26 budget and set the city property tax rate at 62¢ per $100 of assessed value, a 4¢ increase from the current 58¢ rate.
The vote follows nearly two hours of debate during which council members discussed the city’s depleted fund balance, Local Government Commission (LGC) targets, and the affordability impact on seniors and fixed-income residents. Councilman Knight moved to adopt the budget; Councilman Blackwell seconded. Councilman TJ Walker’s amendment to unfreeze one Central City development position was…
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