Collierville board adopts FY2026 budget and $1.62 tax rate, awards contracts and continues sewer discount for Carrier; residents complain about peacock nuisance

The Collierville Board of Mayor and Aldermen on June 9, 2025, adopted the town—s fiscal year 2026 operating and capital budget, approved a municipal tax rate of $1.62 per $100 of assessed value, awarded two construction contracts, extended an existing sewer-discharge discount for Carrier Corporation and approved a conditional-use permit to expand an automotive dealership campus. The board also heard public comments from two neighbors complaining that peacocks from a nearby farm are trespassing and creating a nuisance.

The measures together set the town—s spending priorities for the coming year and fund a range of capital projects, including library work and traffic improvements, while raising the local tax rate by 12 cents above the revenue-neutral certified rate required in a reappraisal year. Molly Maynor, the town administrator, told the board the adopted town budget totals about $133.9 million, with the Collierville Schools budget included at roughly $143 million for a combined total of about $277 million.

The board approved Resolution 2025-26 to adopt the FY2026 budget after a presentation that emphasized public safety, aging infrastructure, technology upgrades, a 5% pay increase for town employees and continued implementation of the town—s water and sewer rate structure. Valisa Wells, finance director, said the recommended tax rate of $1.62 includes the 12-cent increase needed to fund the board—s priorities in a reappraisal year.

The board approved a budget amendment (Resolution 2025-27) to reallocate funds inside the FY2025 general fund and capital investment program. JP Spas, the town—s budget officer, said the amendment appropriates $83,000 from unassigned general fund balance for mowing, weed control and restroom…