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Council sets 17¢ tax-rate benchmark; town manager to return with final FY26 budget June 1 meeting
Summary
After discussion the Indian Trail Town Council agreed to a 17¢ property tax benchmark and opened a public hearing on the FY26 budget. Town Manager Michael McLaurin and staff said they will present final budget documents for council approval at the first June meeting.
The Indian Trail Town Council opened a public hearing on the proposed fiscal year 2026 budget and agreed to proceed on a 17¢ property tax benchmark, town officials said. The town manager and finance staff will return at the council’s June meeting with final budget documents for adoption.
Town Manager Michael McLaurin told the council he initially recommended an 18.5¢ rate but that council discussion produced consensus around 17¢. “I had recommended the 18.5¢ tax rate… After discussion and debate, y’all agreed on 17¢,” McLaurin said during his presentation. McLaurin described the recommended budget priorities as public safety,…
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