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Service fees rise, tax rate holds in adopted FY27 budget

15/06/2026 · NewsArticle 🆕
MOORESVILLE u2013u00a0While increases in basic municipal service fees are incorporated into the townu2019s Fiscal Year 2027 budget, the property tax rate will remain unchanged while still covering general operation expenses estimated to rise by nearly 5%. At the Mooresville town boardu2019s June 1 meeting u2013 following previous budget discussions that included references to an anticipated financial shortfall if some adjustments, specifically in service fee structures, were not included u2013 commissioners unanimously approved Town Manager Tracey Jeromeu2019s FY27 budget package that maintains the townu2019s property tax rate at 48.36 cents per $100 valuation. The budget plan factors in a continuing upward <a href="https://www.lakenormanpublications.com/?post_type=oht_article&p=245553">[…]</a>
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