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Midway proposes $2.37 million balanced budget for 2026–27 with no tax‑rate increase
Summary
Town Manager Brock Hall presented a balanced proposed budget of $2,367,600 for fiscal year 2026–27 that keeps the property tax rate at $0.05 per $100 valuation and requires no appropriation from fund balance; council scheduled a public hearing for June 1, 2026.
Town Manager Brock Hall presented the proposed fiscal 2026–27 budget to Midway Town Council on May 4, describing the document as balanced at $2,367,600 and built on conservative revenue projections.
Key highlights Hall cited included maintaining the property tax rate at $0.05 per $100 valuation, requiring no use of the town’s fund balance to balance the budget, and providing for municipal services including curbside solid waste and recycling, streetlights, land‑use planning and code enforcement, public safety, and the Town Park. Hall also noted removal of a supplemental retirement line item and updated employee health insurance contribution amounts from previous drafts.
Council voted to schedule a public hearing on the proposed budget and fee schedule for June 1, 2026, at 7:00 p.m. at Town Hall.
