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Leonardtown council adopts FY2027 budget, keeps property tax rate steady
Summary
The Leonardtown Town Council adopted Ordinance No. 232, approving the FY2027 budget and maintaining the town's real property tax rate at 0.1203; the budget includes proposed utility rate increases for water, sewer and trash and a set of capital projects including a new parking-lot build and meter replacement plan.
The Leonardtown Town Council voted to adopt Ordinance No. 232, approving the town's Fiscal Year 2027 budget and keeping the real property tax rate at 0.1203.
Treasurer Sharon Strand said income tax is the town's largest revenue source, estimated at $1,200,000 and representing about 40.4% of operating revenue, and that real-property receipts are just over $1,000,000. "We're still in pretty good shape," Strand said while walking council members through the revenue and grant worksheets.
The ordinance sets the town's operating plan across four…
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