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Charlotte warns FY2026 will be tight; pay‑plan gap estimated $16.5M–$22M
Summary
Charlotte City Council convened a workshop March 10 to discuss FY2026 budget development and was told that personnel costs dominate the general fund and that a pay plan will create a multi‑million dollar funding gap.
Charlotte City Council convened a workshop March 10 to discuss FY2026 budget development and was told that personnel costs dominate the general fund and that a pay plan will create a multi‑million dollar funding gap. "The general fund is balanced but for a pay plan," Marie of the budget and finance team told the council, adding the city currently projects about a $500,000 surplus before a pay plan is added.
City staff said personnel costs represent 73% of the general fund and that public safety accounts for the majority of those personnel costs. "73% of the personnel costs are in police and fire," Marie said, noting recent compensation investments and expanded staffing have reduced vacancies. Staff summarized that, with a typical pay plan layered on current expenditures, the…
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