Flat Rock council adopts $3.13 million fiscal 2026–27 budget

The Village of Flat Rock Council on June 11 unanimously approved Ordinance No. 130, adopting a $3,130,682 general fund budget for fiscal year 2026–2027. The motion to adopt the ordinance was made by Budget Officer (Vice Mayor) Matt Toner and seconded by Council Member Carpenter.

Toner told council members that Henderson County plans to raise its property tax rate in 2027 from 43.1 cents to 47.4 cents per $100 of assessed value, a change the county says will affect how sales-tax revenue is distributed to municipalities. Given that impact, Toner recommended moving forward with the budget as presented; council voted unanimously to adopt the ordinance.

The budget ordinance lists projected revenues of $3,130,682, led by ad valorem taxes of $1,811,867 (11.9 cents per $100 valuation) and a general fund sales-tax estimate of $720,000. Other revenue line items include interest income ($150,000) and $98,115 in anticipated park-foundation support. Appropriations total $3,130,682 and include a large allocation for fire departments ($1,747,948), park operations ($471,907.60), administration ($598,200), and a contingency account of $98,426.40.

Section 3 of the ordinance authorizes the Budget Officer to transfer amounts between line items within a department without limitation and to transfer up to $10,000 between departments (including contingency) with a required report to council at the next regular meeting. The ordinance text and detailed revenue and expense line items are part of the official minute record.

As part of the consent agenda approved the same day, the council also adopted Resolution No. 250, by which the mayor and council members waived their compensation for the 2026–2027 budget year and until such waiver is revoked.

The council adjourned at 11:00 a.m.; the ordinance and related budget documents are on file with the Village Clerk.