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Smyrna council adopts $63 million FY26 budget; property tax rate held at 52.57 per $100
Summary
Council adopted the fiscal year 2025–26 budget and set the tax rate at 52.57 per $100 of assessed taxable property; a late fee‑schedule addition authorizes probation to charge $20 for oral alcohol instant screens.
Smyrna — The Smyrna Town Council adopted the ordinance approving the fiscal year 2025–26 budget and set the town’s property tax rate at 52.57 per $100 of assessed taxable property, maintaining the prior year rate.
Rex Gaither, finance director and assistant town manager, presented the ordinance and noted the budget totals roughly $63,000,000. He told the council staff circulated a spreadsheet of late changes and that one fee‑schedule revision requested by the probation office would add oral alcohol instant screens at $20 per test; staff said the addition is not expected to change overall revenues or expenditures materially.
Council members praised staff for balancing the budget and for preserving the tax rate. One councilmember noted that the $63 million budget and keeping the rate steady reflects a strong position that enabled cash funding of capital projects.
The council closed the public hearing, received no public comment on the budget or tax rate, and approved the ordinance and the tax rate by voice vote.
What’s next: The tax rate will be applied for fiscal year 2025–26 and staff will implement the probation fee schedule addition once the ordinance is effective.
