Title
Fiscal Year 2026 Operating Budget and Fiscal Years 2026 - 2030 Capital Investment Plan
Action
Action:
Adopt the Fiscal Year (FY) 2026 Appropriations and Tax Levy Ordinance, the FY 2026 Compensation and Benefits Recommendations, and other items related to the Annual Budget Ordinance adoption:
A. The FY 2026 Operating Appropriations and Tax Levy Ordinance,
B. The FY 2026 - 2030 Capital Investment Plan,
C. The FY 2026 General Solid Waste Fee,
D. The FY 2026 Storm Water Services Fees,
E. The FY 2026 Transit Operating Budget, FY 2026 Transit Debt Service Budget, and FY 2026 - 2030 Transit Capital Investment Plan which was approved by the Metropolitan Transit Commission on April 30, 2025,
F. The Charlotte Water Rate Methodology by approving revisions to the Revenue Manual,
G. The FY 2026 Charlotte Water Rates,
H. The FY 2026 Compensation and Benefits Plan and associated Human Resources contracts,
I. Outside Agency and Municipal Service District contracts,
J. Internal Service Funds Financial Plans Resolution, and
K. Other budget items.
Body
Committee Chair:
Dimple Ajmera, Budget, Governance, and Intergovernmental Relations Committee
Staff Resource(s):
Marcus Jones, City Manager
Marie Harris, Strategy and Budget
Teresa Smith, Finance
Policy
* As required by Chapter 159 of the North Carolina General Statutes, the City of Charlotte adopts annual appropriations and a tax levy ordinance and considers related actions by July 1 of each fiscal year.
* The annual budget is an instrument that establishes policy. The budget identifies and summarizes programs and services provided by the city and how they are funded. It is the annual plan that coordinates the use of revenues and associated expenditures.
Background
* The annual budget ordinance is presented in accordance with the City Manager's Proposed FY 2026 Budget presented on May 5, 2025, and subsequent City Council budget adjustments.
* The FY 2026 Budget is structurall...
Click here for full text