PUBLIC NOTICE TOWN OF APEX | BUDGET PUBLIC HEARING FISCAL YEAR 2026-27 ANNUAL OPERATING BUDGET AND CAPITAL INVESTMENT PLAN MEDIA CONTACT: APEX TOWN CLERK ALLEN COLEMAN APEX, N.C. (May 22, 2026) – The Apex Town Council provides notice of a Public Hearing during it's regularly scheduled Town Council Meeting on Tuesday, June 09, 2026 at 6:00 PM to receive input on the town's annual operating budget and capital improvement plan (CIP) for fiscal year 2026-2027. This meeting will be held at the Apex Town Hall located at 73 Hunter Street in Apex, North Carolina. A copy of the proposed Budget is available for public inspection on the Town's website at www.apexnc.org/budget or in the Office of the Town Clerk. The Town Clerk's Office is open Monday through Friday from 8:00 a.m. until 5:00 p.m. The proposed budget is summarized as follows: General Fund: $122,710,800 Electric Fund: $70,613,000 Water/Sewer Fund: $35,610,700 Stormwater: $3,712,300 Other/Special Funds: $29,090,950 TOTAL: $261,737,750 The proposed Budget as presented includes an increase of $0.0175 in the ad valorem tax rate to $0.3735 per $100 valuation. There are proposed changes to the electric, water, sewer and solid waste rates. Pursuant to NCGS 158-7.1, notice is hereby given that said information will be a part of the Annual Budget Public Hearing of the Apex Town Council for the purpose of soliciting comments relative to the following monetary appropriations for economic development purposes: ECONOMIC DEVELOPMENT: Personnel Salaries and Benefits: $637,400 Operations, Training, Supplies, and Equipment: $135,400 Professional Services - Potential Site Development: $3,000 Economic Incentives: $220,000 Special Programs - Initiative to promote local spending and awareness: $6,000 TOTAL: $1,001,800 A pre-budget public hearing was held on Tuesday, February 10, 2026. The Town Manager presented the Fiscal Year 2026-27 Annual Operating Budget and Capital Improvement Plan (CIP) to the Mayor and Town Council on Tuesday, April 16, 2026, and held Budget Work sessions on Friday, May 08, 2026 and Thursday, May 21, 2026. The Mayor and Town Council also received public comments on the budget during the following regular town council meetings: March 10, 2026, April 14, 2026, and May 12, 2026. A Budget Town Hall is also scheduled for Tuesday, May 26, 2026 beginning at 6:00 p.m. at the Apex Senior Center located at 63 Hunter Street in Apex North Carolina. Residents may submit written comments to the Town Council with attention marked to the Town Clerk Allen Coleman; P.O. Box 250; Apex, NC 27502 or by email at annual.budget@apexnc.org. Please use subject line "FY26-27 Budget - Public Comment" and include your first and last name, your address, and your phone number in your written statements. Written comments will be accepted until 3:00 PM on Tuesday, June 09, 2026. Members of the public can access and view the meeting on the Town's YouTube Channel https://www.youtube.com/c/TownofApexGov or attend in-person. Anyone needing special accommodations to attend this meeting and/or if this information is needed in an alternative format, please contact the Town Clerk's Office. The Town Clerk is located at 73 Hunter Street in Apex Town Hall on the 2nd Floor, (email) allen.coleman@apexnc.org or (phone) 919-249-1260. We request at least 48 hours' notice prior to the meeting to make the appropriate arrangements. For more information, please contact the Town Clerk's Office at 919-249-1260. IPL0343312 May 24 2026