Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lexington presents balanced FY27 budget; stormwater fee and utility rates set to rise
Summary
Finance Director Jennifer Bell told the Lexington City Council the proposed FY27 budget is balanced with no property-tax increase but includes the second-half stormwater fee increase (from $0.30 to $0.60 per equivalent dwelling unit) and an 8% rise in water and sewer rates; capital projects total nearly $20 million.
The Lexington City Council heard a presentation on the proposed fiscal year 2027 budget and opened a public hearing on the agency funding requests. Finance Director Jennifer Bell said the FY27 budget is balanced and proposes no increase to real estate or personal property taxes.
"We are not proposing any real estate or personal property tax increases in '27," Jennifer Bell said, adding the city will implement the second half of a planned stormwater fee increase and raise water…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
