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Blowing Rock presents 2025–26 proposed budget: no tax increase, modest draw on fund balance; water/sewer rates to rise
Summary
Town staff presented a structurally balanced 2025–26 draft budget with no proposed property tax increase, a planned use of about $194,000 of fund balance, a proposed 2.5% COLA for employees, and a 7% water/sewer rate increase to cover debt and projects including a pending USDA loan.
Town staff presented the proposed 2025–26 budget to the Blowing Rock Town Council, outlining revenues, major expenditures and next steps in the adoption process.
Shane (town staff) said the draft budget proposes no property tax increase for 2025–26 but would use approximately $194,000 of unassigned fund balance (about 46% of the general fund as of June 30, 2024 was reported at roughly $6.4 million) to balance the plan. The presentation emphasized the town’s revenue diversification: property taxes make up about 44–45% of general fund revenue while sales…
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