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Floyd council reviews FY27 draft budget, keeps tax rate steady and schedules Donnkenny site visit
Summary
The Floyd Town Council reviewed a Fiscal Year 2027 draft budget that does not include a tax increase, left payroll unchanged for later Council action, set a $17,500 donation line, projected revenue above $1 million, and scheduled a May 19 site visit to the Donnkenny property with up to $30,000 reserved for structural review.
The Floyd Town Council on May 7 reviewed a draft Fiscal Year 2027 budget that does not include a property tax increase and leaves payroll unchanged so the Council can consider adjustments at a later meeting. Mayor Will Griffin said the draft reflects expected revenues and historical figures and would be finalized at the council’s regular meeting on May 21, 2026.
Griffin told the council the draft budget includes a $17,500 line for donations and that meals tax revenue was reduced in the draft to $440,000 from a prior estimate of $460,000 because of volatility in restaurant activity. The draft projects anticipated revenue of $1,039,000, the first time the town’s budget has projected more than $1 million in revenue.
The council agreed to schedule a site visit to the Donnkenny property; engineers from CJMW will perform a high‑level assessment of the property on May 19, 2026. Griffin said the draft includes $30,000 for a structural engineer review if one is required, with those funds to be placed into contingency if the review is unnecessary.
During public comment, resident David Whitaker urged the council not to raise taxes and asked the town to reconsider payments to the Sheriff’s Department and municipal donations to nonprofits. Mayor Griffin responded that the FY27 draft does not include a tax increase and later explained the town’s historical funding for an extra Sheriff’s Department position—an arrangement started under former Sheriff Shannon Zeman—to secure additional law enforcement coverage for the town.
The council directed Town Manager Andrew Morris to provide payroll recommendations from him and Tyler Wood, director of public works, for consideration before the budget is finalized. The council plans to take final action on the budget at its May 21 meeting.
