Wake County approves FY2027 budget; taxes rise 2 cents
Wake County passes FY2027 budget; property tax to rise 2 cents
Last night, the Wake County Board of Commissioners passed the fiscal year 2027 budget.
Where is Wake County investing your tax dollars?
- Education: $823 million for public schools, Wake Tech and early childhood education, including full funding of the Wake County Public School System's request.
- Public Safety: Funding to reopen the jail annex and add new EMT positions to help meet the needs of the growing community.
- Food Security: Continued support for two programs that help families access healthy, local food.
The adopted FY2027 budget totals $2.282 billion and includes a 2-cent property tax increase, raising the property tax rate to 53.71 cents. The increase is expected to generate approximately $62 million in additional revenue and will result in a $90 annual increase for the owner of a $450,000 home.
This investment reflects Wake County’s commitment to strong schools, safe communities and healthy families.
Watch last night's vote and read County Manager David Ellis' budget message here: wake.gov/budget
| Jun 3, 2026 at 4:20 AM |
Wake County Veterans Stand Down Saturday in Raleigh
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| Jun 3, 2026 at 4:20 PM |
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Houston remembers five firefighters at Southwest Inn
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Remembering Five Houston Firefighters Killed in 2013 Southwest Inn Fire
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| May 31, 2026 at 2:20 PM |
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| May 31, 2026 at 12:20 PM |
Wake County Veterans Stand Down Set for June 6
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| May 31, 2026 at 12:20 PM |
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| May 31, 2026 at 12:20 PM |