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Committee endorses outside agency funding policy: one‑third of a penny of tax rate, $465,804 for FY 2025‑26
3633561 · May 30, 2025
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Summary
The High Point Finance Committee approved continuing the city’s outside agency funding policy — the equivalent of one‑third of one cent of the tax rate — which staff said equals $465,804 for FY 2025‑26.
The finance committee reviewed funding for outside nonprofit organizations for fiscal year 2025‑26 and approved continuing the historic policy of allocating the equivalent of one‑third of one cent of the tax rate to outside agency funding, which staff said equals $465,804 for the coming fiscal year.
Budget Performance Director Steven…
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