GASTONIA, N.C. — Gastonia city leaders were set to vote on a new budget that could see utility bills increase, but otherwise keep property taxes flat -- but ultimately, tabled the vote for a later meeting.
The proposed budget for fiscal year 2026 avoids a property tax increase for residents, but still funds infrastructure improvements, public safety upgrades and employee raises. City Manager Michael Peoples said during the budget's May 6 presentation that it's a “sound financial plan” that supports the council’s unanimously adopted goals and reflects the city’s long-term vision.
“This proposed budget keeps the tax rate at $0.47 per $100, which remains the lowest in over twenty years,” Peoples said during that presentation.
The $322.55 million budget also reflects a 3.94% decrease from t