PUBLIC HEARING NOTICE – BUDGET PROPOSAL 2026 –2027
MONDAY, MAY 18, 2026 AT 7:00 PM
Pursuant to Section 15.2-2506 of the Code of Virginia, as amended, notice is hereby given of the public
hearing to be held by New Castle Town Council on the proposed budget for Fiscal Year July 1, 2026- June 30,
2027. The hearing to receive public comments is scheduled for Monday, May 18, 2026 at 7:00 PM or as soon
thereafter as possible in the NEW CASTLE TOWN HALL – 339 Market Street.
A copy of the proposed budget can be obtained for public review by contacting: Town Clerk, Nina Davis (540)
864-5380 by email ninad628@swva.net.
TOWN OF NEW CASTLE
PUBLIC HEARING NOTICE – BUDGET PROPOSAL 2026 –2027
MONDAY, MAY 18, 2026 AT 7:00 PM
Pursuant to Section 15.2-2506 of the Code of Virginia, as amended, notice is hereby given of the
public hearing to be held by New Castle Town Council on the proposed budget for Fiscal Year
July 1, 2026- June 30, 2027. The hearing to receive public comments is scheduled for Monday, May 18, 2026
at 7:00 PM or as soon thereafter as possible in the NEW CASTLE TOWN HALL – 339 Market Street.
A copy of the proposed budget can be obtained for public review by contacting:
Town Clerk, Nina Davis (540) 864-5380 by email ninad628@swva.net.
GENERAL TOWN REVENUE ESTIMATES:
BEGINNING BALANCE $ 85,750.00
LOCAL REVENUE (Property Tax, Franchise Tax, Sales & Cigarette Tax, Interest) $ 110,420.00
STATE REVENUE (Fire Grant Funds; Communication Tax) $ 16,200.00
TOTAL REVENUE ESTIMATES: $ 212,370.00
GENERAL TOWN EXPENDITURE ESTIMATES:
GENERAL GOVERNMENT LEGISLATIVE $ 21,400.00
GENERAL FINANCIAL $ 19,800.00
CLERK-TREASURER & ADMINISTRATIVE $ 14.750.00
PUBLIC SAFETY – (Volunteer Fire Dept., EMS) $ 31,000.00
PUBLIC WORKS – Street Lights, Mowing, Library, Refuse Collection, $ 58,020.00
Park & Sidewalk Maintenance
CAPITAL IMPROVEMENTS – Park Equip., Sidewalks, P.S.A. $ 47,400.00
CONTINGENCY FUND – Unallocated expenditures $ 20,000.00
TOTAL EXPENDITURE ESTIMATES: $212.370..00
Pursuant to Virginia Code Section 58.1-3005, 58.1-3000, 58.1-3506B, and 58.1-3008
The proposed tax levies per $100 of assessed value are:
Current Real Estate & Mobile Homes $0.04 per $100.00
Proposed rate for 2026-2027 Real Estate and Mobile Homes $0.06 per $100.00
Merchants Capital $0.50 per $100.00 no change,
By the authority of New Castle Town Council – Lenny Macdonald, Mayor
Comments can be sent to Clerk, Nina Davis ninad628@swva.net; phone (540) 864-5380
By mail to: Town of New Castle, P. O. Box 347, New Castle, VA 24127.
Pursuant to Virginia Code Section 58.1-3005, 58.1-3000, 58.1-3506B, and 58.1-3008
T
he proposed tax levies per $100 of assessed value are:
Current Real Estate & Mobile Homes $0.04 per $100.00
Proposed rate for 2026-2027 Real Estate and Mobile Homes $0.06 per $100.00
Merchants Capital $0.50 per $100.00 no change,
By the authority of New Castle Town Council – Lenny Macdonald, Mayor
Comments can be sent to Clerk, Nina Davis ninad628@swva.net; phone (540) 864-5380
By mail to: Town of New Castle, P. O. Box 347, New Castle, VA 24127.
