Teachey approves FY 2026-27 budget with property-tax cut and higher utility rates
Teachey’s approved FY 2026-27 budget will lower the town property-tax rate while raising water and sewer charges in stages, creating separate effects for homeowners and utility customers.
The Teachey Board of Commissioners approved the budget at its regular meeting on June 8, 2026, after a public hearing. The approval was reported by the Duplin Journal on June 18.
The available source material does not state the new property-tax rate, the previous rate or the dollar savings for a typical homeowner. It also does not provide a typical monthly utility bill or the dollar effect of the rate increases. That means the packet does not support a household-by-household comparison of the tax reduction and utility costs.
Utility increases will be phased in
The water and sewer changes follow an earlier board vote on March 9. Under the schedule, rates are set to increase 2% beginning in July 2026. An additional 3% increase is planned for the following month, followed by another 5% increase in June 2027.
Together, the scheduled changes amount to a planned 10% cumulative increase. The town is using the phased adjustments to address operating costs and bring water and sewer revenue closer to recommended rates, according to the reported information.
Implementation had been delayed while Teachey updated its billing software. The approved source material does not say when that work was completed or identify a billing date beyond the planned July 2026 start for the first increase.
The budget decision therefore does not establish a single net effect for every household. Property-tax bills can be affected by the lower municipal rate, while utility costs can vary based on the rates and a customer’s water and sewer use. The available report does not provide enough figures to calculate either impact for a typical resident.
Townhome-overlay hearing remains separate
A separate public hearing was scheduled for a proposed townhome-overlay ordinance tied to a developer request near N.C. 11. That matter is separate from the adopted budget and the scheduled utility-rate changes.
The hearing does not establish that the townhome project or the overlay ordinance was approved. The source packet does not provide a final vote or outcome for the proposal.
Teachey’s official website provides town notices and board-meeting information. The town identifies Teachey Town Hall at 137 E. 2nd Street, Teachey, NC 28464.
Sources
- Teachey approves budget with tax cut, utility rate increase, Duplin Journal
- Teachey approves utility rate hikes, Duplin Journal
- Town of Teachey
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