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City of Raleigh FY25 Budget at a Glance
Raleigh, NC
Budget
The City of Raleigh adopted a FY25 budget of $732.2 million (13.1% increase from FY24) with a proposed tax rate of 35.50 cents per $100 of assessed value, an increase of 3.80 cents. The budget prioritizes affordable housing, transit and transportation, public safety, and growth management, with dedicated funding for employee cost-of-living adjustments and deferred capital maintenance. The city conducted enhanced community engagement beginning in October 2023, including listening sessions and participatory budgeting initiatives, to ensure resident priorities shaped spending decisions.
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budget tax increase affordable housing public safety transit and transportation
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FY24 Proposed Budget

Budget

The City of Raleigh's FY 2024 Proposed Budget document outlines the city's spending and financial plan, with the document spanning 439 pages and carrying the theme "Connecting our Community." The budget was developed under the direction of City Manager Marchell Adams-David and the city's Chief Financial Officer Allison Bradsher, with significant contributions from the Finance and Communications Departments and various budget analysis and management teams. This document serves as Raleigh City Council's comprehensive proposal for fiscal year 2024, covering city government operations and resource allocation under Mayor Mary-Ann Baldwin's administration.

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budget city operations financial planning

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FY2023 Proposed Budget

Budget

The FY2023 Proposed Budget document for the City of Raleigh presents the municipal budget submitted to City Council, which is led by Mayor Mary-Ann Baldwin and includes at-large and district representatives. The document outlines the budget development process, which was coordinated by the Budget and Management Services, Finance, and Communications departments under the direction of City Manager Marchell Adams-David. The budget includes sections on revenue and expenditure summaries, financial policies, a strategic plan for FY21-FY25, and various operational frameworks, though the document excerpt does not provide specific budget figures or policy details.

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budget municipal finance strategic planning

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fy 2025 - adopted budget

Budget

budget capital investment tax levy financial planning

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fy2025 - proposed budget

Budget

Charlotte's FY2025 proposed budget totals $4.2 billion across all funds, with a general fund of $898.2 million that is structurally balanced without requiring policy-driven compensation increases in FY2026. The budget addresses workforce challenges through targeted recruitment and retention strategies across public safety, operations, and administrative roles, including pay plan adjustments, new incentives, and career development programs such as tuition assistance and coaching. Charlotte maintains the lowest property tax rate among North Carolina cities with populations over 250,000 at $0.2604 per $100 valuation, having made no property tax increases in the past five years while managing growth, inflation, and service expectations.

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budget property tax workforce public safety pay plan

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FY2026 - Adopted Budget

Budget

budget capital investment tax levy revenue expenditure

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FY 2025 - adopted FINAL.pub

Budget

Charlotte's FY 2025 adopted budget totals $4.17 billion, with a $896.8 million (7.6%) increase to the General Fund and represents the city's first property tax increase in six years, comprising a 1.37¢ increase designed to support public safety (0.82¢), capital investments in housing and mobility (0.24¢), and arts and culture (0.31¢). The structurally balanced budget prioritizes employee compensation with 5% salary increases for hourly workers and 4% merit pools for salaried staff, while maintaining Charlotte's position as having the lowest tax rate among North Carolina cities with populations over 75,000. The budget aligns with City Council's strategic priorities of well-managed government, equity, safe communities, transportation planning, and workforce development.

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budget property tax increase public safety capital investments employee compensation

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City of Raleigh FY23 Adopted Budget

Budget

The City of Raleigh FY2023 Adopted Budget document outlines the city's fiscal plan for the 2023 fiscal year, with governance by Mayor Mary-Ann Baldwin and a nine-member City Council representing at-large and district positions. The budget document includes comprehensive sections covering the adopted budget message, city profile, revenue and expenditure summaries, financial policies, and the FY21-FY25 strategic plan, prepared by the Budget and Management Services Department, Finance Department, and Communications Department under the direction of City Manager Marchell Adams-David and supporting executive staff.

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budget fiscal plan revenue and expenditure

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ADOPTED BUDGET FY2020 | Raleigh City Council

Budget

The Raleigh City Council adopted the Fiscal Year 2020 budget on June 10, 2019, based on the city manager's recommendation from May 21, 2019. The 317-page budget document emphasizes strengthening the city's foundation in workforce, operations, and infrastructure. The budget was developed collaboratively by multiple city departments including Budget and Management Services, Finance, and Information Technology, with Council leadership under Mayor Nancy McFarlane and seven council members representing the city's at-large and district positions.

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budget adoption fiscal year 2020 city infrastructure workforce development municipal operations

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“Charlotte is America’s Queen City, opening her arms to a diverse and

Budget

The City of Charlotte's proposed FY 2026 budget totals $3.6 billion, combining the annual operating budget and the five-year Capital Investment Plan. Key highlights include no property tax increase while maintaining the lowest North Carolina tax rate among major cities, $25.6 million in Fire infrastructure investments, a new Office of Youth Opportunities, and a $1 million community benefits fund. The budget also includes employee compensation increases ranging from 3-6.5% depending on position type, raises the minimum pay to $24 per hour, and maintains core services and operating reserves.

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budget property tax fire infrastructure employee compensation community benefits

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