Council adopts $3.6 billion budget, advances Spectrum Center financing and approves several contracts; interim city attorney contract extended

The Charlotte City Council approved a package of major fiscal and administrative actions at the meeting, including unanimous adoption of the $3.6 billion FY26 operating and capital budget, procedural steps to advance long‑term financing for Spectrum Center improvements, contract approvals for several city programs and a contested extension of the interim city attorney’s contract.

Key actions at a glance

Budget: Council adopted the FY26 budget (approximately $3.6 billion) with no property‑tax increase. Dimple Ajmera, chair of the budget committee, moved the budget, and council voted unanimously in favor. Council and staff highlighted investments in youth programming, workforce and public‑safety priorities and an ongoing commitment to maintaining the city’s A‑level credit rating.

Spectrum Center financing: The council held a public hearing on the Spectrum Center draw program and refinancing of outstanding certificates of participation. Matt Hassett, city treasurer, told council that the city “has now expended that entire $110,000,000…