# The FY27 budget

> Raleigh's FY27 adopted budget in 10 figures, each entered by hand and linked to its page in the City's adopted budget book.

## City of Raleigh, Adopted Budget 2027

FY27 adopted budget: adopted Jun 8, 2026, PDF last modified Jul 27, 2026. Figures checked by hand against the PDF on Sep 28, 2026.

| Figure | Value | Page | The City's words |
| --- | --- | --- | --- |
| Total budget, net of transfers between funds | $1,765,166,204 | [p. 15](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=15) | Net of interfund transfers, the combined capital and operating budgets for the fiscal year beginning on July 1, 2026, total $1,765,166,204. |
| Decrease from the FY26 budget | 0.9% | [p. 52](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=52) | The FY27 Adopted Budget reflects a 0.9% decrease from FY26, primarily due to FY26 being the final year of the 2020 Housing Bond. |
| Property tax rate | 37.20 cents per $100 | [p. 49](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=49) | The adopted property tax rate for FY27 is 37.20¢ per $100 of assessed valuation. This adopted budget does recommend a 1.7¢ increase over the FY26 rate of 35.50¢. |
| Property tax rate: Increase over FY26 | 1.70 cents per $100 | [p. 49](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=49) | The adopted property tax rate for FY27 is 37.20¢ per $100 of assessed valuation. This adopted budget does recommend a 1.7¢ increase over the FY26 rate of 35.50¢. |
| Property tax rate: FY26 rate | 35.50 cents per $100 | [p. 49](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=49) | The adopted property tax rate for FY27 is 37.20¢ per $100 of assessed valuation. This adopted budget does recommend a 1.7¢ increase over the FY26 rate of 35.50¢. |
| Assessed value of real property, estimated | $111.5 billion | [p. 49](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=49) | The FY27 assessed value of real property is estimated at $111.5 billion, with an estimated collection rate of 99.50 percent. |
| Assessed value of real property, estimated: Estimated collection rate | 99.5% | [p. 49](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=49) | The FY27 assessed value of real property is estimated at $111.5 billion, with an estimated collection rate of 99.50 percent. |
| City property tax on a median home, per year | $1,457 | [p. 50](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=50) | Annual Property Tax $ 1,390 $ 1,457 $ 67 4.82% |
| City property tax on a median home, per year: FY26 | $1,390 | [p. 50](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=50) | Annual Property Tax $ 1,390 $ 1,457 $ 67 4.82% |
| City property tax on a median home, per year: Increase over FY26 | $67 | [p. 50](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=50) | Annual Property Tax $ 1,390 $ 1,457 $ 67 4.82% |
| City property tax on a median home, per year: Median home value, January 1, 2025 | $391,724 | [p. 50](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=50) | The median home value in Raleigh as of January 1, 2025 is approximately $391,724 |
| City property tax on a median home, per year: All City taxes and fees on that home | $2,586 | [p. 50](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=50) | Total Annual Fees/Taxes $ 2,464.00 $ 2,586.00 $ 122.00 4.95% |
| City property tax on a median home, per year: Increase in all City taxes and fees | $122 | [p. 50](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=50) | Total Annual Fees/Taxes $ 2,464.00 $ 2,586.00 $ 122.00 4.95% |
| General Fund | $652,771,459 | [p. 67](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=67) | Total $ 730,761,198 $ 657,108,700 $ 652,771,459 (0.7%) |
| General Fund: FY26 adopted | $657,108,700 | [p. 67](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=67) | Total $ 730,761,198 $ 657,108,700 $ 652,771,459 (0.7%) |
| General Fund: Decrease from FY26 | 0.7% | [p. 67](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=67) | Total $ 730,761,198 $ 657,108,700 $ 652,771,459 (0.7%) |
| Public safety, in the General Fund | $280,782,263 | [p. 67](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=67) | Public Safety 241,092,847 261,461,333 280,782,263 7.4% |
| Public safety, in the General Fund: FY26 adopted | $261,461,333 | [p. 67](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=67) | Public Safety 241,092,847 261,461,333 280,782,263 7.4% |
| Public safety, in the General Fund: Increase over FY26 | 7.4% | [p. 67](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=67) | Public Safety 241,092,847 261,461,333 280,782,263 7.4% |
| Fees, the largest source of revenue | $507,548,895 | [p. 53](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=53) | Fee Revenue 507,548,895 28.7% Property Tax 443,741,829 25.1% Bond Revenue 250,317,072 14.2% Sales Tax 166,593,837 9.4% |
| Fees, the largest source of revenue: Property tax | $443,741,829 | [p. 53](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=53) | Fee Revenue 507,548,895 28.7% Property Tax 443,741,829 25.1% Bond Revenue 250,317,072 14.2% Sales Tax 166,593,837 9.4% |
| Fees, the largest source of revenue: Bond revenue | $250,317,072 | [p. 53](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=53) | Fee Revenue 507,548,895 28.7% Property Tax 443,741,829 25.1% Bond Revenue 250,317,072 14.2% Sales Tax 166,593,837 9.4% |
| Fees, the largest source of revenue: Sales tax | $166,593,837 | [p. 53](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=53) | Fee Revenue 507,548,895 28.7% Property Tax 443,741,829 25.1% Bond Revenue 250,317,072 14.2% Sales Tax 166,593,837 9.4% |
| Spending on personnel | $582,735,233 | [p. 54](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=54) | Personnel 582,735,233 33.0% Operating Expenses 1,182,430,971 67.0% |
| Spending on personnel: Operating expenses | $1,182,430,971 | [p. 54](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=54) | Personnel 582,735,233 33.0% Operating Expenses 1,182,430,971 67.0% |
| Capital plan, FY27 to FY31 | $2.0 billion | [p. 271](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=271) | The FY27 - FY31 Capital Improvement Program (CIP) budget is $2.0 billion, which includes $503.4 million in FY27. |
| Capital plan, FY27 to FY31: In FY27 | $503.4 million | [p. 271](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf#page=271) | The FY27 - FY31 Capital Improvement Program (CIP) budget is $2.0 billion, which includes $503.4 million in FY27. |

Every figure is entered by hand from the [adopted budget book (PDF)](https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR11/fy27-adopted-budget.pdf) and checked against the printed page. The budget is not published as data.

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A dash (—) means the City does not publish that field, never zero. "Inferred" marks a value this site worked out, such as a council district placed from a location. This is the markdown twin of https://raleigh-projects.pages.dev/budget. Every page and data file is listed in https://raleigh-projects.pages.dev/llms.txt.