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Smyrna staff presents FY2026–27 budget with no recommended city tax increase; $36.5M planned for infrastructure
Summary
Finance staff told the Smyrna Town Council at its April workshop that the proposed FY2026–27 budget includes no city tax increase and outlines $36.5 million for infrastructure and equipment, funded largely from impact fees and fund balance.
Sierra, the town finance director, told the Smyrna Town Council during an April workshop that the recommended fiscal year 2026–27 budget includes no proposed city property tax increase despite 2026 reappraisals. "We are not increasing city taxes," Sierra said, noting the town will adopt a revenue-neutral rate in May.
Sierra said the budget anticipates roughly $37 million in operating revenue and a plan to spend $36.5 million on infrastructure and equipment in FY27, including $28…
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