FY 2027 Budget
Town of Fuquay-Varina — Recommended Operating & Capital Budget
Total Budget
$224.5M
All Funds↑ 4.2%
General Fund
$81.4M
Operating↑ 6.1%
Utility Fund
$47.4M
Water & Sewer↑ 3.8%
Capital Reserve
$48.4M
5-Year CIP
Tax Rate
$0.465
per $100 valuation↑ +2¢
Revenue Sources
$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 — Departments
$81.4M total
Police Department$18.6M (23%)
Fire Department$14.2M (17%)
Public Works$7.1M (9%)
Parks & Recreation$6.8M (8%)
Planning & Development$4.2M (5%)
Administration$5.4M (7%)
Engineering$3.8M (5%)
Information Technology$2.9M (4%)
Debt Service$9.2M (11%)
Non-Departmental$9.2M (11%)
Utility Fund — Departments
$47.4M total
Water Treatment$12.4M (26%)
Water Distribution$8.6M (18%)
Sewer Collection$7.2M (15%)
Wastewater Treatment$9.8M (21%)
Debt Service$5.2M (11%)
Administration$4.2M (9%)
General Fund Balance
$35.6M43.7%
Unassigned fund balance ratio — exceeds 25% policy target
Utility Capital Reserve
$7.6MFunded
Infrastructure renewal pipeline for water & sewer systems
General Capital Reserve
$48.4M5-Year
Parks, facilities, and public safety capital investments