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Sykesville council introduces FY2027 budget ordinance, holds tax rate steady and sets May 11 public hearing
Summary
At its April 27 meeting the Sykesville Mayor and Town Council unanimously approved introduction of ordinance 2026-01 to adopt the FY2027 budget and keep the real property tax rate unchanged at $0.32 ($0.32) per $100 assessed value; staff told the council the draft budget totals roughly $5.6 million and schedules a public hearing for May 11.
The Sykesville Mayor and Town Council on April 27 introduced ordinance 2026-01, a draft operating and capital budget for fiscal year 2027, and set a public hearing for May 11, 2026.
Mayor (speaker 1) said the proposed real property tax rate would remain unchanged at $0.32 (32 cents) per $100 of assessed value and turned the presentation to town staff. Town staff member Joe (speaker 3) told the council the combined operating and capital budgets in the draft represent roughly $5,600,000 in revenues and expenses and that capital spending is about 20% lower than the current fiscal year.
Why it matters: The introduction preserves the existing property tax rate while outlining spending…
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