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Southern Pines adopts FY 2025–26 budget, keeps property tax rate at 29¢
Summary
The Town Council adopted Ordinance 3121, approving the FY 2025–26 budget while keeping the ad valorem rate at $0.29 per $100; the budget includes capital projects, a $300,000 allocation for fleet facility design and a 2% water/sewer rate increase.
Southern Pines Town Council adopted Ordinance 3121 to approve the town’s fiscal year 2025–26 budget and maintain the ad valorem tax rate at $0.29 per $100 of assessed value.
Town Manager Reagan Parsons presented the budget during the public hearing, saying the plan keeps existing services and staff while advancing several capital projects:…
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