Fiscal Year 2027 Budget Workshop

The Town of Fuquay-Varina held a Fiscal Year 2027 Budget Workshop on April 27, 2026, focusing extensively on the proposed budget and five-year financial plan. Key procurement-related discussions included a recommended two-cent property tax rate increase to fund major capital improvement projects such as the construction of Fire Station Number Five, the Fleming Loop turf and pickleball courts, the South Park Community Center renovation, and the KBEC Road Town Park project. The tax increase aims to cash fund portions of these projects, reducing future debt service costs by an estimated $13.3 million over 20 years. The budget also includes the addition of 14 new full-time equivalent positions in the general fund and several in the utility fund to support growth and regulatory compliance. Equipment purchases, including police patrol vehicles, fire engines, drones, and public works vehicles, were detailed along with ongoing infrastructure investments in roads, sidewalks, and utility systems. Fee adjustments for permits, inspections, and recreation passes were proposed to align with industry norms. The workshop emphasized fiscal responsibility, strategic alignment with the town's priorities, and transparent communication with the public regarding the budget's impact and long-term benefits. The board expressed support for the budget proposal and planned further public engagement before final adoption.