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Athens Council adopts $37.2 million FY2026 budget, keeps tax rate unchanged; revenue rises 2.89%
Summary
The Athens City Council unanimously approved the Fiscal Year 2026 budget totaling $37,216,259 and adopted a tax rate of $0.532751 per $100 valuation; higher property values mean a 2.89% increase in tax revenue despite the unchanged rate.
The Athens City Council on Sept. 8 adopted the City’s Fiscal Year 2026 Annual Operating Budget and approved an ordinance adopting a tax rate of $0.532751 per $100 valuation, actions the Council approved by unanimous 5–0 votes.
Finance Director Sarah Smith told the Council the proposed tax rate remains unchanged from the prior year at 0.532751 — split 0.456819 for Maintenance & Operations (M&O) and 0.075932 for Interest & Sinking (debt service) — but increases in property valuations produce an effective…
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