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Durham manager unveils FY2025-26 budget proposing 3.5¢ tax increase, $688M general fund
Summary
County manager presented a recommended fiscal year 2025–26 budget that includes a proposed 3.5¢ property tax rate increase to raise about $30 million, $10.3 million in additional funding for Durham Public Schools, new public-safety and EMS positions, utility fee increases, and a total county budget of just over $1 billion.
County Manager Tara Lum presented the Durham County recommended budget for fiscal year 2025–26 during the May 12 Board of County Commissioners meeting, framing the plan as a balancing act between limited revenue growth and rising service needs.
Key elements of the recommended budget presented include a proposed 3.5¢ increase to the county property tax rate (above the revenue-neutral rate), which the manager said would generate roughly $30 million in new revenue for education, public safety, capital projects and debt service. The countywide budget across all funds would increase 7.4% to just over $1 billion; the general fund would rise 5.6% to roughly $688 million.
The recommendation would increase Durham Public Schools funding by about $10.3…
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