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Weaverville council moves forward on FY2026–27 budget as state law narrows rate options
Summary
Town staff told council recent state bills constrained which property valuation rates could be used; council moved to adopt an amended FY2026–27 budget ordinance after a brief discussion and a voice vote. The packet showed a rate change from about 38¢ to about 45.5¢ under the approach described by staff.
Weaverville’s Town Council took the first formal step toward adopting its fiscal year 2026–27 budget at its July 13 workshop, after staff explained how recent state legislation affected the approach to property valuation rates and the figures in the packet.
Manager Jackson presented the amended budget ordinance for the general and special revenue funds and read the proposed motion. Harris (town staff) told the council that Senate Bill 889 and Senate Bill 447 had limited the municipality’s ability to use more recent valuation adjustments; the packet therefore used 2021 rates, producing higher rate figures than the current year. According to staff, the current budget year used an older valuation rate of 38¢ and the proposed approach in the packet showed a rate around 45.5¢.
"What brought us here tonight was some legislative changes," Harris said, noting differences remaining in one of the bills and explaining the impact on property value calculations.
Manager Jackson moved adoption of the amended budget ordinance for FY2026–27; a councilmember in the meeting seconded the motion. Mayor called for the voice vote and an affirmative response was recorded.
The council did not record a roll-call tally in the workshop minutes; the packet motion language and the voice vote will be reflected in the ordinance file if the council confirms the ordinance at a future formal meeting. No separate amendments to specific line items were made on the record at the workshop.
Next steps: the council proceeded to discuss development and downtown operational topics; staff will include the budget action in the formal meeting record and prepare any required follow-up documentation.
