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Council hears introduction of FY2027 budget ordinance; tax rates unchanged
Mayor and City Council of Gaithersburg City · March 17, 2026
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Summary
Staff introduced the proposed FY2027 budget ordinance covering 07/01/2026–06/30/2027, proposing no change to the real property rate (26.2¢ per $100) or tangible personal property rate (53¢ per $100); public hearing set for April 6, record open through April 22.
City staff introduced the fiscal year 2027 budget ordinance at the March 16 meeting and outlined the public process leading up to final adoption.
Janice Hartman presented the ordinance that would adopt the budget and levy ad valorem taxes for the period July 1, 2026, through June 30, 2027. Hartman said the…
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