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Reidsville council adopts $42.6 million budget for fiscal 2026–27 with no tax-rate increase
Summary
The Reidsville City Council adopted the FY2026–27 operating budget Monday, approving approximately $42.57 million in spending while holding the tax, water and sewer rates flat; council discussed sales‑tax projections, a 3% COLA and one‑time bonuses during deliberations.
The Reidsville City Council adopted its proposed operating budget for fiscal year 2026–27 during a regular meeting on June 9, approving the package and an accompanying resolution of understanding.
City Manager Moore presented the proposed citywide budget as $42,57,050 and described it as an increase of roughly 3.17% from the current-year figure of 41,21,600, driven primarily by personnel and departmental operating costs. Moore told council there is no proposed tax-rate increase and no proposed water or sewer rate change for the coming year.
Council members pressed staff on how sales-tax growth was projected and on personnel cost details. Moore said the finance team uses prior-year results plus current-year receipts and guidance from the North Carolina League of Municipalities’ budget watch to set conservative sales‑tax estimates. Moore also said the budget includes a proposed 3% cost‑of‑living adjustment and a separate one‑time merit/bonus tied to career‑ladder pay-plan work.
The public hearing on the budget opened and closed with no registered speakers. Council moved to adopt the budget ordinance and the resolution; councilmembers approved the measures by recorded hand/voice vote.
What happens next: With adoption, staff will implement the pay-plan adjustments and the programmatic spending in the ordinance; council directed staff to return with any clarifying materials if updates are needed.
Provenance: This article is based on the city manager’s presentation and council deliberations (transcript segments beginning with Drew Bigalow’s budget overview and Moore’s remarks at SEG 260–SEG 400).
