Fiscal Year 2025-2026 Budget Transparency

FY2025-2026 Proposed Budget

This proposed budget will raise more revenue from property taxes than last year’s budget by an amount of $110,642, which is a 10.26 percent increase from last year’s budget.  Of that amount, $64,265 is tax revenue to be raised from new property added to the tax roll this year.

The Town Council will vote on September 16, 2025 to adopt a budget and a tax rate that exceeds both the No-New-Revenue Tax Rate and Voter-Approval Tax Rate, but is less than the De Minimis Rate.