Germantown approves 29-cent property tax increase
Germantown’s budget and financial services director said the tax increase was the hardest decision in developing the budget.
There are 7 article(s) tagged Germantown 2025-26 budget:
Germantown’s budget and financial services director said the tax increase was the hardest decision in developing the budget.
Germantown leaders will give final consideration to their budget Monday. The financial plan includes a property tax increase.
Two Germantown aldermen brought forth proposals Monday evening to put more funds toward Houston High’s master plan. Only one of those plans was approved.
Germantown is considering a slightly lower tax rate than what was previously shown to city leaders and the finance commission.
With initial reports from the Shelby County Assessor, Germantown has a better idea of its tax rate ahead of aldermen’s review of the budget.
Germantown’s Financial Advisory Commission endorsed exceeding the certified rate. But that number isn’t official just yet.
The citizen-led finance commission is weeding through each portion of the city’s budget before aldermen consider it.
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