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Resident warns of falling investment income and potential budget gap as commissioners listen
Summary
A Fayetteville resident warned the commissioners that lower interest rates and reduced county investment income could increase the 2026 budget deficit and pressure services; a commissioner responded that lower inflation likely reduces expenses and may offset lost interest revenue.
Valerie Jordan, a resident of Fayetteville, used the public-comment period at the Oct. 8 Franklin County commissioners meeting to warn officials about falling interest rates and their potential effect on county finances.
Jordan said the county previously included $1.5 million in investment income in its preliminary 2026 budget but that county fiscal staff now forecast $937,200 for fiscal year 2026, a drop Jordan…
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