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Town staff outlines $170 million FY2027 budget and holds property tax rate steady
Summary
Town staff presented the newly adopted fiscal year 2027 budget totaling roughly $170 million, keeping the property tax rate unchanged for the 19th year, directing about 49% of spending to public safety, adding staff in several departments, and raising some utility fees to support capital needs.
A town staff member said the Town of Mooresville has adopted a fiscal year 2027 budget totaling approximately $170 million across all town funds and that it will maintain the current property tax rate.
"For the 19th consecutive year, the newly adopted budget maintains the current property tax rate," the staff member said, describing the document as intended to maximize the value of each taxpayer dollar while supporting long-term financial stability.
The staff member framed the budget’s revenue mix and major allocations: 55.2% of general fund revenue comes from property tax and 23% comes from local sales tax. The staff member said approximately 49% of the budget is dedicated to supporting first responders, including personnel, equipment and training.
The budget also includes investments in infrastructure—streets, sidewalks, water and sewer systems—aimed at improving reliability and supporting future growth. The staff member added that water and sewer services are handled through the Utility Fund, which carries nearly $36 million in revenues, and that the FY2027 plan includes some fee increases for stormwater, water, sewer and solid waste programs to address maintenance and capital needs.
Staffing and employee services feature in the plan: the staff member said additional positions were added in Public Safety, Streets, Traffic, Recreation, utilities, water treatment and wastewater treatment. The budget funds a new Employee Care Center described as an accessible, cost-effective health and wellness option for town employees, and it provides resources for dedicated customer experience staff and a website redesign to improve accessibility and resident access to services.
The staff member characterized the budget as more than a financial plan, calling it a reflection of the town’s values and a commitment to building a vibrant, connected community for future generations. The transcript does not include vote tallies, the names of makers or seconders of any motion, or a public comment record; those details were not specified.
