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Signal Mountain adopts FY2025–26 budget; approves year‑end amendments and tax‑rate approach
Summary
The council approved an amendment to the 2024–25 budget and adopted the fiscal year 2025–26 budget and tax rate. Council described the budget as revenue‑neutral with staffwork to improve transparency and budgeting software planned for the coming year.
The Signal Mountain Town Council on June 23 approved a second‑reading amendment to the fiscal year 2024–25 budget ordinance and adopted the FY2025–26 annual budget and tax rate.
Council members described the action as maintenance of a revenue‑neutral approach: the town is accepting the neutral tax rate following reassessment rather than pursuing a change that would increase or decrease overall revenue. Council members emphasized that taxpayers will not see a council‑driven increase in the town portion of the property tax…
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