Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Ridgely commissioners approve bills; FY27 tax-rate decision deferred to April
Summary
The Commissioners of Ridgely approved paying bills and reviewed town account balances. Officials deferred a final decision on the FY27 tax rate until the April meeting after receiving the constant-yield certification from Maryland’s Department of Assessments and Taxation.
The Commissioners of Ridgely met March 2 and approved the town’s bills after a financial report from Clerk-Treasurer Stephanie L. Berkey. Berkey reported balances of $297,750 in the General Fund, $18,434.12 in Sewer funds, $27,425.45 in Water funds and $18,495.57 in the town’s ARPA account.
Berkey told the commissioners the town will not set the FY27 tax rate until the constant-yield certification is issued by the Maryland Department of Assessments and Taxation; officials said they expect to decide the rate at the April 2026 meeting. The commissioners also approved minutes from the Feb. 2 town meeting and a Feb. 18 workshop.
No motions or vote tallies beyond those approvals were recorded in the meeting minutes. The meeting packet included a written summary of a closed session held March 5 to discuss personnel under Md. Code Ann., Gen. Prov. §3-305(b)(1); the closed-session vote to convene was recorded as in favor by President Brad Sears and Commissioners John Hurley and Chad Leister, and no action was taken following that session.
Next steps: town officials will await the state’s constant-yield figures before returning to the FY27 tax-rate discussion at the April meeting.
