Notice of Public Hearing FY 2026-27 Budget June 1, 2026 at 7:00 PM Durham City Council Chambers—101 City Hall Plaza This public hearing will be held in person in Durham City Council Chambers at 101 City Hall Plaza and virtually. For ways to view the meeting, visit: https://durhamnc.gov/3012/Public-Hearings-and-Notices The proposed City of Durham Budget for the fiscal year beginning July 1, 2026, was presented to the City of Durham City Council on May 18, 2026. This budget is available for public inspection online at https://DurhamNC.gov/Budget. In order to obtain written and oral comments on the proposed FY 2026-27 City of Durham Budget, a public hearing will be held in person at City Council Chambers in City Hall and virtually on Zoom on June 1, 2026, at 7:00 p.m. Information on how to provide remarks on the proposed FY 2026-27 Budget for the City Council can be found at https://durhamnc.gov/3012/Public-Hearings or by contacting the City Clerk’s office at 919-560-4166. Summary of Estimated Revenues General Property Taxes $ 304,697,058 Other Local Taxes 110,385,079 Intergovernmental 46,535,918 Licenses and Permits 11,771,391 Rental and Other Income 6,951,829 Charges for Current Services 25,488,766 Operating Revenues 203,791,597 Other Revenue 8,315,281 Transfers from Other Funds 4,068,887 Appropriation from Fund Balance 44,121,369 $ 766,127,175 Summary of Proposed Expenditures General Fund $ 326,030,156 Water & Sewer Fund 181,712,187 Ballpark Fund 1,610,508 Business Improvement District Fund 2,334,494 Debt Service Fund 72,144,046 Housing Debt Service Fund 6,416,361 EGI Debt Service Fund 3,577,864 Dedicated Housing Fund 11,460,609 Durham Performing Arts Center Fund 5,775,000 Emergency Telephone System Fund 580,696 Impact Fee Fund 6,711,563 Inspections Fund 11,253,623 Parking Facilities Fund 10,720,488 Solid Waste Disposal Fund 40,637,203 Stormwater Fund 33,848,522 Transit Fund 51,313,855 Total All Funds $ 766,127,175 The proposed FY 2026-27 Budget includes a tax rate of 43.71 cents per $100 of assessed valuation, which is the same rate as FY2025-26. Water and sewer fee adjustments were approved at the May 18, 2026 City Council Meeting. Additional fee adjustments will be approved with the adoption of the budget.