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Baltimore mayor recommends $4.6 billion fiscal 2026 budget; council to hold hearings amid $85 million shortfall
Summary
The mayor has proposed a $4.6 billion budget for fiscal 2026 and is not proposing a real property tax rate increase, city officials said at the Baltimore City Council’s Taxpayers Night hearing.
The mayor has proposed a $4.6 billion budget for fiscal 2026 and is not proposing a real property tax rate increase, city officials said at the Baltimore City Council’s Taxpayers Night hearing.
Laura Lawson, director of the Bureau of Budget and Management Research, told the Budget and Appropriations Committee: “The total budget is $4,600,000,000 and that's comprised of both the operating budget and the capital budget.” Chair Councilwoman Danielle McCray said the proposed real property tax rate would remain “$2.0248 per $100 of the assessment, the same as the previous fiscal year.”
The nut graf: The mayor’s recommendation would leave an $85 million…
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