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Signal Mountain council adopts FY2025-26 budget ordinance
Summary
At a June 30 special meeting, the Signal Mountain Town Council adopted an ordinance setting the town budget and tax rate for the fiscal year beginning July 1, 2025. Council discussion noted the budget is a deficit budget for a third consecutive year, though the town reported accumulated cash reserves and approved staff pay increases.
Signal Mountain Town Council adopted an ordinance setting the annual budget and tax rate for the fiscal year beginning July 1, 2025, and ending June 30, 2026, at a special meeting on June 30, 2024.
The ordinance passed after a brief discussion and a recorded affirmation of “3 ayes.” The council did not specify individual vote names in the meeting transcript.
A council member raised questions about how the budget would read to residents, saying the town is “passing a deficit budget” for the third year in a row. The same speaker noted that despite…
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