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Four Oaks commissioners approve $3.95 million FY 2026–2027 budget, 4–1 vote
Summary
The Town of Four Oaks adopted the FY 2026–2027 budget on June 15, 2026, approving a $3,949,427 General Fund and $2,606,500 Water & Sewer Fund. The measure included a 1.2-cent increase to the town tax rate and passed 4–1.
The Town of Four Oaks Board of Commissioners approved the FY 2026–2027 Budget Ordinance on June 15, 2026, adopting a General Fund budget of $3,949,427 and a Water & Sewer Fund budget of $2,606,500. Mayor Pro-Tem Tony Capps moved to approve the budget as presented; Commissioner Linwood Parker seconded. The motion passed 4 in favor, with Commissioner Kim Robertson opposing.
Town Administrator Barry Stanley presented the proposed budget and highlighted several changes since the May 28 meeting. The proposal increases the townwide tax rate by 1.2 cents per $100 valuation (from 39.5 to 40.7 cents per $100), with the fire tax component projected at 12.7 cents, leaving the Town’s share at 28.0 cents per $100 valuation. The budget package includes contingency funding per Local Government Commission guidance and specific departmental allocations described in the presentation. The board took no public comments and voted to adopt the ordinance at the conclusion of the hearing.
