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Cabarrus adopts $560.9M FY27 budget, introduces $400M in bond referendums and hires new county manager
Summary
The board adopted the FY27 budget (grand total $560,933,349), introduced $340M in school bonds and $60M in community college bonds for voter referendums, approved reimbursement language, and unanimously hired John K. Eller IV as county manager effective July 27, 2026.
The Cabarrus County Board of Commissioners on June 15 adopted the county’s fiscal year 2027 budget and took several related actions, including introducing two bond referendums and approving a new county manager.
Budget: County staff presented a recommended FY27 budget with a general fund of $413,572,821 and a grand total across funds of $560,933,349. After discussion, the board adopted the budget ordinance; the final tally on the record was 4–1.
GO bonds: The board introduced bond orders authorizing a $340 million school bond and a $60 million community college bond and approved a reimbursement resolution allowing the county to reimburse itself for project spending. All bond-related introduction motions and the reimbursement resolution were approved 5–0. A public hearing on the GO bonds was scheduled for the board’s July 21 meeting.
County manager: After a national search and multi-stage vetting process, the board unanimously voted to employ John K. Eller IV as county manager effective July 27, 2026, and approved the negotiated employment contract. Eller told the board he will be “data informed” and prioritize fiscal responsibility and collaboration.
Votes at a glance: - FY27 budget ordinance: adopted (4–1) — grand total $560,933,349. - School bond order introduction: authorized (5–0) — $340,000,000. - Community college bond order introduction: authorized (5–0) — $60,000,000. - Reimbursement resolution for bonds: approved (5–0). - Fire district ordinance (deannexation placement): adopted (5–0). - Squad 4 10 discontinuation: approved (5–0) — effective 11/12/2026 with five months transition pay. - Employment of John K. Eller IV as county manager: approved (5–0); contract approval (5–0).
The board also confirmed that formal public hearings and required filings will be published for the bond referendums and that the clerk received sworn statements of debt and disclosure related to the GO bond process.
