HomeMy WebLinkAbout05/12/2026 Budget Work SessionCITY OF
� DUNN
INANCE DEPARTMENT
FY27 Budget
Budget Workshop - May 12
Reductions from the First Recommended Budget -Gene rat Fund only
Department
Description
Cost
Across All Departments
Reduction of COLA and Merit programs
$
109,000
Across All Departments
Travel, Training, and Business Meals
$
16,250
Mayor & Council
Contribution to Harnett Economic Development Corporation
$
16,250
Non Departmental
Stewart Theatre contribution
$
50,000
Non Departmental
Five computer laptops (fifteen requested)
$
10,000
Park and Recreation
Codrington Park Project
$
250,000
Park and Recreation
Three HVACunits for Community Building (three requested)
$
78,000
Park and Recreation
Athletic and recreation program materials
$
10,000
Planning
Demolition costs and Community Appearance
$
15,000
Police
Thirtyrifles (forty-five requested)
$
52,000
Police
Drone
$
50,000
Police
Three flock cameras (three requested)
$
9,000
Police
Two radar units (three requested)
$
6,000
Public Works
One new employee (one requested)
$
63,400
Public Works
Trailer and Mower Max grader attachment
$
24,000
Public Works
Garage tools and equipment
$
12,500
Public Works
Sidewalk
• Police:
• $331,000 = 5 Dodge Durango police squads
• $ 43,081 = Polaris utility terrain vehicle
• Public Works:
• $3031000 = Freightliner Leaf Vacuum Truck
• Parks & Recreation:
• $ 40,000 = Chevy Blazer
• Public Utility:
• $ 129,177 = Ford
Total = $936,258
Five Year loan =
$214K annual
payments for FY28
thru FY32
$171K = Gen Fund
F-150 4WD Truck & Ford F-450 Crew Cab
• Public Works & Public Utility shared:
• $ 90,000 = Kubota mini excavator
(50% General Fund & 50% Utility Fund)
3
FY2.7 Unfunded Requests/Needs
• FY27 Equipment Requests
• City Hall Remodeling
• Public Works/Public Utility Building Structure Improvements
• Wayfinding Project — Phase 2
• Park to Park Trail — Phase 2
• Park & Rec Maintenance Storage Facility
• Railroad Building Improvements
Recommended
General Fund Budget
(without a tax revaluation)
Includes a city tax rate
increase of 6 cents to
generate $690,000
additional tax revenue
General Fund
Department
Mayor & Council
Administration
Tourism
Finance
City Hall Facility
Non Departmental
Planning
Total General Govt
Police
Animal Control
Total Police
Public Works
Sanitation
Garage/Fleet
Total Public Works
Parks & Recreation
Dunn Senior Center
Cemeteries
Total Prk,Rec&Cem
Libra ry
Debt Service
Reserves
Totals
FY27 Adj
FY26
Budget
Budget
157,991.00
165,787.00
800,260.00
726,316.00
154,733.00
178,697.00
412,518.00
422,359.00
121, 437.00
108, 413.00
447,991.00
903,439.00
965,820.00
872,523.00
3,060,750.00
3,377,534.00
5,860,716.00
5,304,385.00
219,603.00
206,137.00
6,080,319.00
5,510,522.00
1, 851, 28 0.00
1,721,137.00
989,000.00
876,000.00
324,890.00
312,078.00
3,165,170.00
2,909,215.00
1, 245, 608.00
1,153, 812.00
126,687.00
104,216.00
442,921.00
421,255.00
1, 815, 216.00
1, 679, 283.00
6,106.00
5,245,00
800,793.00
806,708.00
14,928,354.00 14,288,507.00
City Tax Rate
Current Tax Rate is $0.54
One cent generates $115,000 of general fund tax revenue
based on the prior property assessed valuations
A parcel assessed at $250,000 currently pays city tax of $1,350.
A six -cent increase in the tax rate would add $150
to this parcel's tax bill (equivalent to $12.50 per month)
Next Steps
• City Manager will develop an FY27 Recommended Budget for
review by the Mayor and Council
• The official Recommended Budget document will be presented
to the Mayor and Council by May 31s'
• A public hearing for the FY27 Budget will be held on June 9th
• The adoption of the FY27 Budget would take place on June 9tn
IFFCITY O
DUNN
INANCE DEPARimENT
Questions? Comments