Town of Fuquay-Varina — FY 2027 Overview
Recommended Budget — $224.5M All Funds
Total All Funds
$224.5M
FY 2027 Recommended↑ 4.2%
General Fund
$81.4M
Operating Budget↑ 6.1%
Utility Fund
$47.4M
Water & Sewer↑ 3.8%
Tax Rate
$0.465
per $100 valuation↑ +2¢
Revenue Sources — All Funds
$224.5M total revenue
Property Taxes$43.9M (20%)
Sales Tax$12.8M (6%)
Utility Charges$47.4M (21%)
Intergovernmental$8.2M (4%)
Permits & Fees$6.1M (3%)
Other$5.6M (2%)
General Fund — Top Departments
Top departments — $81.4M total
Police$18.6M (23%)
Fire$14.2M (17%)
Public Works$7.1M (9%)
Parks & Recreation$6.8M (8%)
Administration$5.4M (7%)
Planning & Development$4.2M (5%)
Engineering$3.8M (5%)
IT$2.9M (4%)
Debt Service$9.2M (11%)
Non-Departmental$9.2M (11%)
Utility Fund Expenditures
$47.4M — Water & Sewer operations
$12.4M
Water Treatment
$8.6M
Water Distribution
$7.2M
Sewer Collection
$9.8M
Wastewater Treatment
$5.2M
Utility Debt
$4.2M
Utility Admin
Water Treatment$12.4M (26%)
Water Distribution$8.6M (18%)
Sewer Collection$7.2M (15%)
Wastewater Treatment$9.8M (21%)
Utility Debt$5.2M (11%)
Utility Admin$4.2M (9%)
Five-Year Revenue Forecast — All Funds
| FY 2027 | FY 2028 | FY 2029 | FY 2030 | FY 2031 | |
|---|---|---|---|---|---|
| Property Tax | $43.9M | $45.2M | $46.6M | $48.0M | $49.5M |
| Sales Tax | $12.8M | $13.2M | $13.6M | $14.0M | $14.4M |
| Utility Revenue | $47.4M | $49.8M | $52.3M | $54.9M | $57.6M |
| Other Revenue | $15.9M | $16.4M | $16.9M | $17.4M | $18.0M |
| Total | $120.0M | $124.6M | $129.4M | $134.3M | $139.5M |