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Council adopts FY2026 budget, keeps city tax rate unchanged and sets school supplement at 19.5¢

June 01, 2025 | Thomasville, Davidson County, North Carolina


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Council adopts FY2026 budget, keeps city tax rate unchanged and sets school supplement at 19.5¢
The Thomasville City Council approved the fiscal year 2026 budget ordinance and associated rate schedules and fees, adopting a $58,778,599 budget and retaining the general fund tax rate at 62 cents per $100 of taxable property valuation.

Council members debated the school supplement tax rate during the meeting. An initial motion to set the school supplement at 19 cents failed on a roll call. A subsequent motion to set the school supplement at 19.5 cents per $100 passed 6‑1, with Council member Schell casting the only dissenting vote. The budget ordinance as approved also maintains the municipal vehicle tax at $20 per registered vehicle and approves departmental fee schedules provided to council.

Finance Director Avant told the council, “The fiscal year 2026 budget ordinance totals 58,778,599 and it levies a tax rate of 62¢ per $100 of taxable property valuation for the general fund which is no change from prior year.” Council members thanked staff for holding the tax rate steady while finalizing the appropriation.

The budget ordinance passed by roll call vote; council also approved the school supplement and vehicle tax rates in the same session. The council recorded a unanimous 7‑0 vote to adopt the FY2026 budget ordinance.

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