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Sykesville introduces FY 2026 budget; tax rate to remain 32¢, public hearing set for May 12
Summary
Town staff presented a roughly $6.8 million FY 2026 operating and capital budget, highlighted reserves and grant-funded projects, and the council voted to introduce the budget ordinance and set a May 12 public hearing.
The Town of Sykesville Mayor and Town Council on April 28 introduced a fiscal year 2026 operating and capital budget that totals “just over $6,800,000,” and set a public hearing and adoption vote for May 12, 2025. Mayor Stacy Lent and town staff said the property tax rate will remain at 32¢ per $100 of assessed value.
Joe, a town staff member, told the council that total revenues and expenditures are “just over $6,800,000,” and that the overall number represents roughly a 23% decrease from the current fiscal year, driven mainly by reduced capital spending rather than cuts to ordinary operations. The council voted unanimously to introduce the ordinance and schedule the May 12 public hearing and adoption vote.
The proposed budget preserves a $1,000,000 stabilization reserve established in 2020 and uses $100,000 from the capital reserve for a stormwater infrastructure project on Norwood Avenue. Staff said the town will continue several grant-funded…
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