Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Hagerstown leaders outline FY2026 budget proposal including 5.5¢ tax-rate adjustment and $1.08 million for Invest Hagerstown
Summary
City staff presented the proposed fiscal 2026 general fund and related special-revenue spending, explaining a 5.5-cent tax-rate increase would generate about $2.2 million and that most of the rise would fund public safety and personnel costs; the city also budgets a $1.08 million transfer to Invest Hagerstown for redevelopment incentives.
Hagerstown City staff and council members discussed the proposed FY2026 budget during the May 13 work session, saying the recommended 5.5-cent property tax-rate increase would generate roughly $2.2 million and that about $0.7 of every additional dollar per average homeowner would pay for public safety and personnel costs.
The budget memo showed the city expects a roughly $2.1 million uptick from assessment growth and $2.0 million from development growth, leaving a roughly $2.2 million “gap” that the 5.5-cent increase is designed to cover. Finance staff and a council member presented a line-item breakdown showing where the additional revenue would be spent, with the largest single categories being…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
