2025-26 Annual Budget

On June 9 at 6:45 p.m., the Town Council held a public hearing on the proposed 2025-26 budget. At the 7 p.m. meeting, the Town Council approved the budget. You may view it here.

The tax rate for the 25-26 year will remain at 22 cents on the hundred.

The Town expects to take in a little over $50,000 in property taxes in 25-26.

The State will give the Town $16,000 in 25-26 to maintain town streets (Martin, Depot, Church, Cherry, W. Main, and N. Lee).

The Town has received a grant from the State of NC for approximately $150,000 to do an in depth study on the sewer system and future planning for it.

The largest expense in the budget is the sewer study that is paid in large part by a State grant.