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Smyrna reports $112 million budget, maintains AAA credit rating and 18th straight year without a millage increase
5870032 · October 1, 2025
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Summary
Mayor Derek Norton reported the city's fiscal position: a $112 million budget for the year, an 18th consecutive year with no millage-rate increase for non-homesteaded properties, and continued AAA bond rating since 2012.
Mayor Derek Norton said Smyrna’s fiscal position remains strong, reporting a $112,000,000 annual budget, an 18th consecutive year without raising the city millage rate for non-homesteaded properties and continuing to hold…
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