Title:
Fiscal Year 2025-2026 Budget Ordinance Adoption
Action:
ACTION:
Adopt the Fiscal Year 2025-2026 Mecklenburg County Budget Ordinance
Staff Contact: Adrian Cox, Budget Director
Presentation: Yes
BACKGROUND/JUSTIFICATION:
Approval of the Budget Ordinance will adopt a balanced operating budget of expenditures and revenues for the period of July 1, 2025 through June 30, 2026 as required by the Local Government Budget and Fiscal Control Act. The Budget Ordinance results in a total budget of $2,542,319,642, and establishes the County property tax rate of 49.27 cents for every $100 of property value.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
Approval of the budget ordinance authorizes $2,542,319,642 in expenses for the 2025-2026 fiscal year.