At the April 29, 2025 Committee of the Whole meeting, Council held its first review of the proposed 2025/26 budgets for the Town, Water Utility, and Electric Utility.

The full recording of this meeting is now available: https://youtu.be/p0Xvldg9eis  
The presentation slides from the meeting are also available:  pdf Draft 25 26 Budget Presentation(6.66 MB)

Some of the proposed budget highlights include: 

• No change to property tax rates
• $11.32M Town operating budget 
• $4.69M Town capital budget, including roadwork, building repairs, and fire equipment
• $2.2M Water capital budget, including the Dares Lake spillway upgrade
• $3.24M Electric capital budget, with key infrastructure upgrades already underway

Council is scheduled to approve the budgets on May 27, but this may be delayed if more time or information is needed.

Council will continue to review the budgets at its May 13 and May 27 meetings. Public input is welcome at both meetings (both at 6 p.m. at Town Hall). 

Can’t attend in person? You can submit written feedback by emailing This email address is being protected from spambots. You need JavaScript enabled to view it.. 

A more detailed budget summary is available here:  pdf 2025/26 Proposed Budget Summary (April 30)(361 KB)