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City of Fayetteville
File #: 25-4688    Version: Name:
Type: Other Items of Business Status: Agenda Ready
File created: 5/31/2025 In control: City Council Regular Meeting
On agenda: 6/9/2025 Final action:
Title: Adoption of the Fiscal Year 2025-2026 Budget Ordinance, the FY 2025-2026 Fee Schedule, FY 2025-2026 Capital and Special Project Ordinances, Amendments, and Close-Outs
Attachments: 1. FY 2026.Budget Adoption.06092025, 2. FY26 Budget Ordinance for Adoption, 3. FY26 Capital Project Ordinance 1-28, 4. Special Revenue Ordinances 2026 1-4, 5. FY26 Capital Project Ordinance Amendment 1-39, 6. Special Revenue Ordinance Amendment 2026-1, 7. FY26 Fee Schedule, 8. Capital Project Closeouts
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: Mayor and Members of City Council

THRU: Jeffrey Yates, Assistant City Manager

FROM: Kimberly H. Leonard, NCLGBO, NCLGFO, CPA, MPA, Budget and Evaluation Director

DATE: June 9, 2025

RE:
Title
Adoption of the Fiscal Year 2025-2026 Budget Ordinance, the FY 2025-2026 Fee Schedule, FY 2025-2026 Capital and Special Project Ordinances, Amendments, and Close-Outs
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COUNCIL DISTRICT(S):
Council District(s)
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Relationship To Strategic Plan:
Goal 5: Financially sound City providing exemplary City services.
Objective 5.1: To ensure strong financial management with fiduciary accountability, and plan for future resource sustainability by aligning resources with City priorities.


Executive Summary:
The City of Fayetteville's FY 2026 Recommended Operating Budget totals $315.2 million and $92.3 million in capital investments. Developed through a transparent and data-informed process, the budget aligns with City Council's strategic priorities: public safety, housing and neighborhood revitalization, youth engagement, economic growth, and transportation. Key investments include public safety technology upgrades, compensation enhancements for employees, and infrastructure improvements citywide. The budget reflects economic realities such as declining motor vehicle and sales tax revenues, while maintaining core services and offering the lowest property tax rate in 30 years at $0.4495. No increases are proposed for stormwater, solid waste, or transit fares.

The budget process spanned several months and incorporated input from Council, staff, and residents. It began with the February Strategic Planning Retreat and continued with formal presentations in April and May on the operating budget, capital improvement program, and tax rates. Work sessions on May 15, 22, and 29-along with the June 2 "parking lot" review-allowed Council to refine priorities and add $6.2 million in targeted initiatives. A public hearing on May 27 ensured the opportunity for commu...

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