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Home My WebLink About062426 Special Meeting Agenda and presentation SPECIAL MEETING AGENDA Date: Wednesday, June 24, 2026 Time: 9:00 a.m. Location: Commissioners Meeting Room Harnett County Resource Center & Library 455 McKinney Parkway, Lillington Harnett County Board of Commissioners Page | 1 1. Call to order – Chairman Duncan Jaggers 2. Pledge of Allegiance and Invocation – Commissioner Brooks Matthews 3. Discuss and consider adoption of the Fiscal Year (FY) 2026 – 2027 Budget. 4. Adjourn CONDUCT OF THE JUNE 24, 2026 MEETING Live audio of the meeting will be streamed on the Harnett County Government’s YouTube Channel at https://www.youtube.com/channel/UCU7mTF6HTD65x_98EhAMeMg/featured. FY 2026-2027 RECOMMENDED BUDGET Budget Work Session June 24, 2026 Senate Bill 889: Reappraisal Moratorium Senate Bill 889 •Requires continued use of 2022 Schedule of Value •Affects nine counties, including Harnett County •Signed by the Governor last Friday •Delays implementation of the 2026 Schedule of Values until 2027 •Limits ability to reflect true market growth SB 474: Harnett Exemption Senate Bill 474 •Would exempt Harnett County from the SB 889 moratorium •Senate did not concur yesterday •Unclear if it will pass before June 30, 2026 •State Representatives are still hopeful it will pass Schedule of Values Overview 2022 Schedule of Values •Based on estimated values •More accurate values will not be available until after July 1 •Approximately $350,000 in additional cost •One penny generates approximately $1,575,528 4 Fire Districts – Requested Tax Rate Increases 5 District FY 2026 Rate FY 2027 Req Rate FY 26 Rate Produces FY 27 Rate Produces Increase Anderson Creek 0.11 0.15 $2,202,090 $2,830,073 $627,983 Benhaven 0.12 0.13 $1,915,578 $2,041,573 $125,996 Duke 0.105 0.12 $544,841 $606,989 $62,148 Dunn 0.11 0.115 $2,490,343 $2,582,576 $92,233 West Area 0.13 0.15 $97,744 $109,827 $12,083 Priorities Reflected in Recommended Budget Updated Recommended Budget •$6,000,000 Harnett County Schools expansion requests •$6,000,000 additional allocation for future schools •$100,000 non-profit funding •$500,000 transfer for Weapons Detection Systems •13 new General Fund positions •6 new Harnett Regional Water positions •Targeted reductions in community college services, public safety technology, environmental protection services, and capital equipment •Reduction in Fund Balance use 6 2022 Schedule of Values - Tax Rate 75¢ Total Budget: $219,787,410 Total Fund Balance Appropriated: $3,833,319 Key Elements: •Recommended Tax Rate: 75¢ •Restores prior year’s use of fund balance •Increases and sustains school funding for two future high schools, teacher supplements, and school staff/administrator stipends •Funds Board’s priorities and county operational needs •75¢ is necessary to sustain funding commitments under 2022 values 7 Board Discussion & Budget Approval Budget is prepared based on 2022 values •Do we keep 75¢ as the approved tax rate? •Are there any expense items you would like cut from the budget? Budget and tax rate must be approved by June 30, 2026 Decision Options •Approve the budget today with the recommended 75¢ tax rate? •Schedule a June 29 or June 30 special meeting to allow additional time for potential SB 474 action before adopting the budget? Questions/Discussion/Feedback