Selma Council Approves Budget With No Tax Increase, Employee Raises
SELMA — The Selma Town Council unanimously approved a nearly $33 million budget Tuesday night, adopting a spending plan that keeps the town’s property tax rate unchanged while funding employee pay raises, utility system improvements, and continued investments in public safety.
The fiscal year 2026-27 budget, approved June 23, totals $32.9 million and takes effect July 1.
The spending plan maintains Selma’s property tax rate at 60 cents per $100 valuation and continues the town’s electric rates at current levels.
Town employees will receive a 5 percent cost-of-living adjustment under the new budget, which town leaders have said is designed to help retain employees amid rising costs and competition for qualified workers.
While property taxes remain unchanged, residents will see increases in water and sewer charges. The budget includes a 5 percent increase in water rates and a 6 percent increase in sewer rates to help address rising operating expenses and fund future infrastructure needs.
The budget includes funding for a number of infrastructure and utility projects, including water system improvements, sewer system upgrades, utility relocation work, pump station improvements, and ongoing maintenance projects.
Public safety remains one of the largest spending categories in the budget, with continued funding for police, fire and emergency services.
The adopted budget includes approximately $10.98 million for the Electric Fund, $5.12 million for the Sewer Fund, $3.82 million for the Water Fund, and $1.36 million for the Sanitation Fund.
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4 Comments
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What’s the difference between a “tax” and “fee”?
Ask the Mayor, he’ll explain it to you.
This is an example of what NC communities get to look forward to when the NC GA gets it’s way and limits property taxes for counties, cities and towns. Those communities will have to raise revenue by increasing water, sewer, electric and any other fees that they can to make up the difference in tax revenue. WAKE UP NC, this is just a way to make it look like they are saving you money when it will just pay the cost somewhere else. Does the GA really think we are that stupid? YES THEY DO!!!!!
this is why you need to get out and vote, instead of sitting on your lazy butts and complaining. homeowners are picking up the tab for selma and we are going to see an exodus of homeowners leave because we cant afford to live here. i bought my house in 1998 and have 2 years on my mortgage. hope i make it.
The good thing about fees is that people who use a service the most will pay the most. The bad thing about Taxes is democrats use tax payers as piggy banks and to pay for and force their ideology on all of us and you have no choice. Yes, please get out and vote to reduce the tax payers burden.