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Germantown adopts FY26 budget and sets certified property tax rate at $1.79 per $100 assessed value
Summary
After amendments and debate, the Germantown Board of Mayor and Aldermen approved the FY26 budget, a statutory alignment amendment, and an ordinance setting the certified property tax rate at $1.79 per $100 of assessed value.
The Germantown Board of Mayor and Aldermen on Monday adopted the city’s FY26 budget and approved an ordinance fixing the certified property tax rate at $1.79 per $100 of assessed value.
Council members passed an administrative alignment amendment that updated city budget lines to match revenue and expenditure adjustments adopted earlier by the Germantown Municipal School District; the amendment increased total revenues and expenditures for certain funds as reflected in the meeting record and moved…
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