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Fishers holds first reading of 2026 budget; mayor outlines flat tax-rate goal and new spending priorities
Summary
Mayor presented a $203.68 million 2026 budget summary at the Sept. 15 Fishers City Council meeting, emphasizing plans to maintain the municipal tax rate, add public-safety staff and invest in parks, sidewalks and neighborhood grants; the council held a public hearing and gave the ordinance a first reading.
Mayor Fadnis presented a summary of Fishers’ proposed 2026 budget during the City Council meeting Sept. 15, saying the administration expects to keep the municipal tax rate near current levels while advancing investments in public safety, parks and neighborhood programs.
At the hearing, Mayor Fadnis said the total 2026 budget — operating and capital combined — is $203,680,000, with operating and capital spending of roughly $162,000,000 and cash reserves across all funds near $67,000,000. He said the city’s municipal tax rate is about $0.7055 per $100 of assessed value and that Fishers remains the lowest municipal tax rate in Hamilton County.
The mayor listed budget priorities for 2026 including three…
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