Guilford County is actively monitoring North Carolina Senate Bill 889 (SB 889), which would impose a moratorium on the 2026 property tax reappraisal. The bill was approved by the North Carolina General Assembly on Wednesday, June 10, and is currently pending the Governor's review. 

If finalized, the moratorium will affect the assessed property values used during the Fiscal Year 2026-27 (FY2027) budget process. County staff are reviewing the potential impacts and preparing revisions to the recommended budget as needed. 

As a result, the planned budget adoption scheduled for Thursday, June 18, will be paused while SB 889 is finalized. A special meeting will be scheduled by Tuesday, June 30, to adopt a budget ordinance in accordance with North Carolina General Statutes.