FY 2027 Town budget, tax rate and utility rates
The adopted FY 2027 budget keeps the Town real estate tax rate at $0.26 per $100 of assessed value. Water and sewer rates rise 6% and solid waste rates 7%, with stormwater rates unchanged; staff estimated the average utility bill increase at $8.40 (5.98%). Council adopted the budget and rate ordinance on April 28, 2026.
The project
The details.
Staff presented a total budget of $125.7 million, a 16% increase including capital and debt service and a 5.8% operating increase. The budget was adopted 7-0, with the Mayor abstaining on sections tied to a declared personal interest (those sections passed 6-0); the utility fee ordinance (Ordinance 2114) passed 7-0.
- Status
- Approved
- Type
- Town policy
- Jurisdiction
- Town of Blacksburg
- Location
- Town-wide
- Applicant
- Town of Blacksburg
- Legislation
- Ordinance 2113, Ordinance 2114
- Last checked
- Oct 13, 2026
Timeline
Where it stands.
Every step on record, oldest first, with a link to the official record where there is one.
-
Budget and utility fee ordinances introduced
-
Public hearing on the recommended budget
-
Budget (Ordinance 2113) and utility fees (Ordinance 2114) adopted
Sources
From the official record.
- Town of Blacksburg: Adopted Operating Budget FY 2027Apr 28, 2026
- Town Council minutes, Apr 28, 2026Apr 28, 2026
- Town Council minutes, Apr 14, 2026Apr 14, 2026
Details can change as a project moves through review. The official record governs. This page was last checked against it on Oct 13, 2026.
Information from Town of Blacksburg public records and other official sources. Check the official record for decisions.
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