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Mooresville manager presents FY 2026 budget with no property tax rate change, staffing and fee increases
Summary
Town Manager Tracy presented the proposed fiscal 2026 budget on May 19, saying the property tax rate would not change while the town plans staff additions and modest fee increases; the board will hold a public hearing June 2.
Mooresville Town Manager Tracy presented the town's proposed fiscal year 2026 budget at the May 19 board meeting, saying the tax rate would remain unchanged while planned revenue gains from higher property valuations and modest fee increases would fund staff additions and capital needs.
Tracy told the board the property tax rate would not change for FY 2026. She said assessed property valuations in Mooresville rose 4.9 percent, which the town estimates will add about $2,890,000 in tax revenues. Sales tax receipts are projected to grow about 2 percent, she said.
The manager outlined several…
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