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Indian Trail adopts FY2025–26 budget, sets property tax rate at 17¢ per $100
Summary
The Town of Indian Trail approved a FY2025–26 budget ordinance and set the property tax rate at 17 cents per $100 of assessed value after debate about contracts and rising costs. The measure passed 3–1.
The Town of Indian Trail council on a split vote approved the FY2025–26 budget ordinance and set the property tax rate at 17 cents per $100 of assessed value.
Town staff reviewed the budget process and recommended adoption as the final step in the town's annual cycle. The council voted 3 to 1 to adopt the ordinance; Council Member Barber recorded the lone "no" vote and one council member was absent.
Finance staff said the ordinance legally levies the…
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