Greensboro Development News

Guilford County Adopts FY2027 Budget Amidst Fiscal Challenges and Legislative Changes

The Guilford County Board of Commissioners adopted the fiscal year 2027 county budget, including amendments to comply with Senate Bill 889, which placed a moratorium on reappraisals. The budget also includes funding allocations for community-based organizations, opioid settlement funds for various programs, adjustments to infrastructure project funding, and a resolution to rename the Health and Human Services Agency. The county tax rate was set at 78.95 cents per 100th of assessed value, with fire district rates to be determined separately. Several commissioners expressed concerns about the impact of tax increases on residents, particularly seniors and those on fixed incomes, while others highlighted the need to balance community investment with fiscal responsibility amidst economic pressures and legislative changes. Separate votes were held for funding specific organizations (International Civil Rights Center Museum, Greensboro Area Chamber of Commerce, High Point, and High Point Market Authority) due to recusal requirements for certain commissioners.