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Gaithersburg introduces FY 2026 budget; proposes holding property tax rate steady at 0.262

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff introduced the proposed FY2026 budget and a proposed real-property tax rate of 0.262, unchanged from the current year. The council set a public hearing for April 7 and left the public record open until April 23; staff will publish the online budget book March 28.

Janice Hartman, director of Finance and Administration, introduced the City of Gaithersburg’s proposed fiscal year 2026 budget at the March 17 meeting, and the council moved to introduce the budget ordinance.

Key numbers and schedule Hartman said the proposed real property tax rate is 0.262, unchanged from the current year. Staff will publish the legal advertisement in the Washington Post on March 20 and post…

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