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Indian Trail sets FY2026 tax rate at 17 cents after budget presentation and debate
Summary
After a lengthy presentation of the fiscal 2026 recommended budget and public discussion of staffing, contracts and future capital needs, the Indian Trail Town Council set the property tax rate at 17 cents per $100 of assessed value for FY2026. The vote was 3–2.
The Indian Trail Town Council set the fiscal year 2026 property tax rate at 17 cents per $100 of assessed value after a presentation of the manager's recommended budget and questions from council members on Thursday.
Town Manager Brian (presenting budget materials) told the council the manager's recommended budget carried a proposed tax rate of 18.5 cents and would fund a $27,996,638 general fund request without using fund balance. He cited long-term cost pressures including the town's upcoming solid-waste contract renewal and law-enforcement contract costs, and recommended a stable rate to preserve the town's AAA bond rating and fund capital needs.
Finance staff explained the mechanics of the town's…
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