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Hendersonville announces $75.15 million FY27 budget; water and sewer rates to rise
Summary
Hendersonville presented its adopted FY27 budget of $75,150,992, keeping the city tax rate and parking fees unchanged while raising water and sewer rates. The plan adds a 4% COLA, increases 401(k) match to 4%, establishes a housing fund tied to Gray Mill revenues, and adds 10 full‑time positions.
Hendersonville announced an adopted fiscal year 2027 budget of $75,150,992 that holds the city’s tax rate steady while raising water and sewer rates, the presenter said. "No increase to the tax rate," the presenter said, adding that Main Street and 7th Avenue rates will also remain the same.
The budget keeps parking rates and fees unchanged, but "Water and sewer rates will increase," the presenter said, attributing the increases to the capital improvement plan and an effort to equalize water rates between inside- and outside-city customers; the transcript did not specify the dollar amounts or percentage increases.
On employee compensation, the presenter said the budget includes a 4% cost‑of‑living adjustment intended to continue progress toward a living wage and increases the city's 401(k) match from 3% to 4%.
The plan establishes a new housing fund "made available through various grants and revenues generated from the Gray Mill project" to support housing initiatives across Hendersonville; the transcript did not state the fund amount. The budget also adds 10 full‑time positions for FY27: eight to support public safety and two focused on housing and development.
The presenter announced the adopted budget total explicitly: "The city's adopted FY 27 budget is $75,150,992." The recording closed by directing listeners to the city budget webpage for more details: hendersonvillenc.gov/budget.
The recording states the budget is adopted but the transcript does not include a formal motion text or a recorded vote tally; those procedural details were not provided in the audio.
