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Morganton council adopts FY2025–26 budget with utility rate increases and 3% COLA
Morganton City Council · June 17, 2025
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Summary
Morganton City Council on June 16 adopted its FY2025–26 budget, keeping the tax rate at $0.50 per $100, approving a 10% water rate increase, a 5% sewer increase, and a 3% cost-of-living adjustment for pay ranges.
Morganton — The City Council on June 16 adopted the fiscal year 2025–26 budget, retaining the regular tax rate at $0.50 per $100 of assessed value and approving several utility and service adjustments. Sally, the staff presenter, told the council the budget keeps “our tax rate at 50¢ for regular taxes” while proposing a 10% increase to water volume charges and a 5%…
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