Noblesville proposes $143.5M 2027 budget; public safety pension and retiree health costs drive base growth
The City of Noblesville unveiled a $143.5 million proposed 2027 budget at the Sept. 15 council meeting, including $107.1 million for core operations and $20.6 million in capital projects. City officials say a mandatory $922,000 pension contribution increase and about $400,000 in retiree health costs are primary drivers of base growth. The council will discuss and vote at 6 p.m. Oct. 27, 2026.
Noblesville introduced a $143.5 million overall budget proposal for 2027 during the Sept. 15 Common Council meeting, with $107.1 million earmarked for core operational funding and $20.6 million for capital projects such as roadway, park and public safety facilities. City officials described 5 percent year-over-year budget growth, with 2.8 percentage points attributable to increases in the ongoing base budget needed to maintain current service levels.
City finance leaders identified a mandatory $922,000 increase in employer contribution rates for sworn public safety retirement plans and an approximate $400,000 rise for retiree health benefits as the largest base-budget pressures. Public safety is budgeted to absorb 57 percent of the city’s 2027 operating budget for pay, equipment, supplies and training. The council will further discuss and vote on the proposal at the 6 p.m. Oct. 27, 2026 council meeting.
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