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Dare County presents fiscal 2026 budget plan; approves opioid settlement spending and early college construction contract

3192501 · May 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Dare County officials on May 5 presented a manager’s recommended FY2026 budget of $242.9 million with no general‑fund property‑tax increase, approved committee recommendations for opioid‑settlement spending, and authorized construction contracts and pre‑construction work for county capital projects including the Dare County Early College.

Dare County officials presented the manager’s recommended fiscal year 2026 budget and a planned FY27 projection during the Board of Commissioners meeting on May 5, and the board approved several related capital and program actions.

County staff proposed a FY26 operating budget of $242,865,850 and a planned FY27 budget of $247,340,675. The recommendation preserves existing service levels, implements a 3% cost‑of‑living increase for full‑time employees and a $0.50 hourly increase for part‑time staff, continues the county’s 3% 401(k) contribution, and does not include a general‑fund property‑tax increase; the recommended revenue neutral property‑tax rate is 26.32¢. The manager and finance staff told commissioners they balanced FY26 using a portion of the county’s available fund balance and a $1,000,000 transfer from the community development/housing fund, while warning that repeated use of fund…

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