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Morrisville officials flag tax-appeal surge and tight budget capacity; staff outlines options and staffing asks
Summary
Town staff told the council that unusually large property tax appeals tied to the recent revaluation have reduced projected FY27 revenue capacity; staff proposed options (use of fund balance, reprioritizing land-acquisition funds, sponsorships) and outlined multi-year staffing requests including school resource officers and firefighters tied to town growth and town center activation.
Morrisville — Town staff warned the Town Council on March 10 that a surge in property tax appeals tied to the 2024 revaluation is tightening the town’s near-term budget capacity and forcing difficult trade-offs in the FY27 budget.
Byron (staff) told the council that the town is facing unusually large appealed assessed value from the recent revaluation cycle and that those appeals reduce available property-tax revenue until resolved. He said the town currently projects roughly $5.8 million in new revenue capacity for FY27 after accounting for fund-balance uses, and noted the town has seen appealed assessed values rise to levels staff described as…
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