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Leonardtown adopts FY2026 budget, holds real property tax rate
Summary
The Leonardtown Town Council approved Ordinance 228 to adopt the FY2026 budget, maintaining the town's real property tax rate and approving utility and trash rate adjustments; the vote was taken by voice during a public hearing.
Leonardtown's Town Council on April 14 approved Ordinance 228, adopting the town's FY2026 budget and leaving the real property tax rate unchanged.
The budget passed after a public hearing and a voice vote. Sharon, the town treasurer, told the council the general fund budget totals $3,110,677 and that the town's fund balance would remain healthy at about 58.6% of operating revenues.
The budget maintains the current real property tax rate the town used in 2025 (0.12003) and relies on a mix of income taxes (about 30% of operating revenue), property taxes (just under $1 million, about 32% of operating revenue), highway user revenue (budgeted at $391,099), permits, fees…
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