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Gallatin council adopts 2027 fiscal-year budget; tax rate unchanged
Summary
On unanimous vote the council approved ordinance O2605-41, adopting the fiscal 2027 municipal budget and leaving the property tax rate unchanged at $0.53 per $100 assessed value; council described the budget as balanced.
The Gallatin City Council approved third and final reading of ordinance O2605-41 on June 16 to provide revenue for municipal purposes for the 2026 tax year and the 2027 fiscal year.
Councilman Fennell moved for approval and the measure passed unanimously. Council members noted the tax rate remains unchanged at $0.53 per $100 of assessed value and described the budget as balanced for the coming fiscal year.
Why it matters: passing the budget sets the city's spending plan and revenue expectations for municipal services, capital work and operations for the fiscal year. The council did not raise the tax rate.
The ordinance takes effect as adopted; administrative staff will proceed with implementation and monitoring of budgeted programs.
