June 9, 2026Asheville City Council
From the minutes, not yet reviewedCouncil takes up a plan to adopt the fiscal year 2026-27 Annual Budget ordinance with the following adjustments to the form presented by the City Manager.
Council took up a plan to adopt the fiscal year 2026-27 Annual Budget ordinance with the following adjustments to the form presented by the City Manager: (1) Elimination of the $226,000 allocation of BID sales tax revenue for public safety; (2) Reinstatement of the additional 1% 401K employer contribution; and (3) An adjustment of the fiscal year 2026-27 General Fund tax rate to $0.3777 per $100 of assessed valuation. The minutes don't say how the vote ended.
- Outcome as recorded in the minutes.
What that means
- Fiscal year:
- The City's budget year runs from July 1 to June 30. Fiscal year 2027 runs from July 1, 2026, to June 30, 2027.
More from the minutes
- “City Council conducted a Public Hearing on the Proposed Budget on May 26, 2026.”
- “The new proposed tax rate is 4.61 cents above the revenue neutral rate (versus 4.95 cents).”
- “As our residents and local businesses face an affordability crisis, it’s critical that we examine every dollar.”
Official title: Motion to adopt the Fiscal Year 2026-27 Annual Budget ordinance with the following adjustments to the form presented by the City Manager: (1) Elimination of the $226,000 allocation of BID sales tax revenue for public safety; (2) Reinstatement of the additional 1% 401K employer contribution; and (3) An adjustment of the Fiscal Year 2026-27 General Fund tax rate to $0.3777 per $100 of assessed valuation
The minutes don't state the outcome
Read the motion as recorded
“Councilwoman Ullman moved to adopt the Fiscal Year 2026-27 Annual Budget ordinance with the following adjustments to the form presented by the City Manager: (1) Elimination of the $226,000 allocation of BID sales tax revenue for public safety; (2) Reinstatement of the additional 1% 401K employer contribution; and (3) An adjustment of the Fiscal Year 2026-27 General Fund tax rate to $0.3777 per $100 of assessed valuation.”
Open the minutesMotion text in the minutes