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Commissioners adopt initial $108.2M financing resolution, review $246M recommended budget
Summary
Dare County approved an initial financing resolution allowing up to $108.2 million in debt for public-works and beach-nourishment projects and heard the county manager's recommended FY2026–27 budget totaling $246,457,463; the board set a June 9 public hearing on the budget.
The Dare County Board of Commissioners on May 4 adopted an initial financing resolution that gives staff flexibility to finance the new public-works facility and upcoming beach-nourishment projects, with a not-to-exceed amount of $108,200,000. The resolution specifies $56,500,000 as the beach-nourishment allocation (Buxton, Avon and Nags Head) and $51,700,000 for the public-works project; collateral will depend on an anticipated FAA release that would allow use of the new public-works facility, otherwise the Justice Center would secure…
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