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Sykesville council adopts $6.8 million FY26 budget, keeps property tax rate at $0.32
Summary
After a brief public hearing with no speakers, the Sykesville Town Council unanimously adopted Ordinance 2025-03 to approve the FY2026 operating and capital budget and set the property tax rate at $0.32 per $100 of assessed value.
The Sykesville Town Council on May 12 adopted Ordinance 2025-03, approving the town’s fiscal year 2026 operating and capital budget and setting the property tax rate at $0.32 per $100 of assessed value.
At a public hearing opened at 7:11 p.m. and closed shortly thereafter, no members of the public spoke on the budget before the council voted to adopt the ordinance. Joe (town staff) summarized the proposal to council members, saying the FY26 operating and capital budget shows total revenues and expenditures of “just over $6,800,000.” He told the council the proposed property tax rate remains at 32 cents per $100 of assessed value and that the town plans to continue using capital reserve…
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