Title
Fiscal Year 2027 Operating Budget and Fiscal Years 2027-2031?Capital Investment Plan
Action
Action:
Adopt the Fiscal Year (FY) 2027?Appropriations and Tax Levy Ordinance, the?FY 2027?Compensation and Benefits Recommendations, and other items related to the Annual Budget Ordinance adoption:
A. The?FY 2027?Operating Appropriations and Tax Levy Ordinance,
B. The?FY 2027-2031?Capital Investment Plan,
C. The?FY 2027?General Solid Waste Fee,
D. The?FY 2027?Storm Water Services Fees,
E. The?FY 2027?Transit Operating Budget,?FY 2027?Transit Debt Service Budget, and?FY 2027-2031?Transit Capital Investment Plan which was approved by the Metropolitan Transit Commission on?April?22, 2026,
G. The?FY 2027?Charlotte Water Rates,
H. The?FY 2027?Compensation and Benefits Plan and associated Human Resources contracts,
I. Outside?Agency and Municipal Service District contracts,
J. Municipal Service District 5 Boundary Expansion,
J. Internal?Service Funds Financial Plans Resolution, and
K. Other?budget items.
Body?
Council Resource(s):?
Malcolm Graham, Budget, Governance, and Intergovernmental Relations Committee
?
Staff Resource(s):
Marcus Jones, City Manager
Marie Harris, Strategy and Budget
Matt Hastedt, 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 2027?Budget presented on May?4, 2026, and?subsequent?City Council budget adjustments.?
* The FY 2027?Budget is structurally balanced and focuses on five City Council Strategic Prioritie...
Click here for full text