Jamestown council approves nearly $22 million budget for 2025-26

Jamestown, in Guilford County, adopted a $19,984,997 budget for fiscal 2025-26 and kept the town property tax rate at 67.25 cents per $100 of assessed value. For a home assessed at $250,000, that town levy comes to $1,681.25 a year before county and school taxes.

The balanced plan covers all town operations, capital improvements, transfers and debt service. By holding the rate at the same level as FY 2024-25, the Town Council chose to keep town tax pressure steady while still funding the work that keeps municipal services running and long-term projects moving.

That choice matters at the household level because Jamestown’s tax rate is one of the few town costs residents can see directly on their bills. At the adopted rate, a property assessed at $300,000 carries a Jamestown town tax bill of $2,017.50. For owners and small businesses alike, the budget sets the ceiling on what the town can spend without asking taxpayers for more.

The budget also moved through a public process that stretched across multiple meetings. Town records show a budget work session on June 4, and a July 21 council packet included approval of minutes from that work session and from the June 23 regular meeting. That paper trail shows the budget was shaped in open council business rather than through a single end-of-year vote.

The new total is higher than the nearly $20 million budget Jamestown approved previously, showing the town’s spending plan continues to edge upward rather than stand still. A Jamestown Press story on an earlier proposed budget said council had been working within the 4-percent maximum increase to the tax levy allowed under state law, a limit that helps explain why Jamestown’s budget talks keep circling back to the same question: how to protect services, fund maintenance and avoid pushing the tax bill higher than necessary.