Siler City
General Fund Budget · $15.0MAdopted
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Adopted Budget
The Board of Commissioners unanimously approved the FY2026-2027 budget on May 18, 2026. This explorer focuses on the $15.0M General Fund within the Town's $33.3M all-funds budget.
Total Budget
$15.0M
$1,952 per resident
+8.2% from prior year
Property Tax Rate
$0.5400 / $100
1¢ = $139,899
Largest Department
$3.3M
Police
Fund Balance Use
$827K
5.5% of budget
Budget Highlights
- •Adopted General Fund budget of $15.0M, an 8.2% increase over FY25-26
- •The Town's adopted all-funds budget totals $33.3M across five funds
- •Property tax rate remains at $0.54 per $100 assessed value
- •Police is the largest operating department at $3.29M
- •Non-departmental appropriations total $4.54M
- •Water and Sewer Fund totals $17.59M during the Tri-River Water transition
- •General Fund uses $827,294 of appropriated fund balance
Revenue by Source
Ad Valorem Taxes50%
Unrestricted Intergovernmental29%
Sales & Services7%
Fund Balance6%
Restricted Intergovernmental5%
Investment Earnings2%
Transfers In1%
Permits & Fees0%
Miscellaneous0%
Other Taxes & Licenses0%
Spending by Department
Click a department for details
Spending Composition
$10.4M
Operating Departments (69.3%)
$4.5M
Non-Departmental (30.2%)
$0
Capital (0.0%)
$80K
Debt / Transfers (0.5%)
Budget Adoption Timeline
Manager's recommended budget presented
May 4, 2026
Public hearing and unanimous budget adoption
May 18, 2026
Fiscal year began
July 1, 2026