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Elkton manager presents balanced FY27 budget, prioritizes water system improvements
Summary
Town Manager Greg Lunsford told the Elkton Town Council the proposed FY27 budget is balanced, about 4% smaller than the current year, and prioritizes drinking-water projects including a planned one-million-gallon elevated storage tank funded largely by the Virginia Department of Health.
Town Manager Greg Lunsford presented the proposed fiscal year 2027 budget and described it as "balanced," saying the master budget comprises 13 departmental and program budgets and reflects an overall decrease of approximately 4 percent from the current fiscal year. He told the council that revenues have exceeded expenditures for six consecutive years and that no tax increases are proposed in the FY27 package.
Lunsford identified improvements to the town's drinking water system as the top priority, noting continued installation of new water lines and a planned one‑million‑gallon elevated water storage tank. He said those water-system upgrades are "primarily funded through the Virginia Department of Health and have minimal impact on the FY27 budget." The presentation also noted a significant rise in costs to operate the town's water hauling equipment and that the town is proposing a $1.00 increase in water hauling rates to help cover those operating expenses. The public hearing on the budget was opened and then closed after public comment and a first-reading motion was recorded (first-reading outcome not specified in the excerpt).
