Submitted by: Ron Brooks
Submitting Department: Finance
Agenda Section: Action
Item Title:
title
Hyattsville Ordinance 2025-03: Fiscal Year 2026 Budget (Introduction & First Reading)
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Suggested Action:
recommendation
I move the Mayor and Council introduce Hyattsville Ordinance 2025-03, an ordinance adopting an annual budget for the Fiscal Year July 1, 2025, through June 30, 2026, for the general purpose, fixing the tax rates for the Fiscal Year beginning July 1, 2025; authorizing collection of taxes herein levied, and appropriating funds for the fiscal year (INTRODUCTION AND FIRST READING).
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Summary Background:
The FY26 budget process began internally in December 2024 with initial staff meetings to determine budgetary requirements for FY26. The public process began in April 2025 with a presentation to the Mayor and Council on April 2 of the City’s Administrator’s Proposed FY26 budget and a Council Budget Work Session on April 5.
The Real Property Tax Rate of $0.63 per $100 of assessed value will remain in effect for FY26.
During the budget review process the following amendments were authorized to the draft budget.
BUDGET ADDITIONS:
$15,000: Hyattsville Life & Times (HLT) Patronage Grant, Council Budget
$18,000: Stipend Program, Council Budget
$5,000: Purchase ADA Compliance Software, Communications Budget
$35,000: Increase in Mental Health Program, Community Services Budget
$35,000: Fund Volunteer Services Position-in-house resources or P/T, Community Services Budget
$355,754: COLA, Treasurer’s Office to distribute
$810,361: Add back previous funded positions, and other operational costs, DPW Budget
Total Budget Additions: $1,274,115
Next Steps:
Second Reading Adoption of the FY26 Budget Ordinance is scheduled for June 2, 2025.
Fiscal Impact:
See budget ordinance.
City Administrator Comments:
See summary background above.
Community Engagement:
Per the City Charter, a fair summary of the budget ordinance will be published twice in a newspaper of general circulation. The budget and corresponding documents will be posted on the City’s website and information on the budget will be included in a summer issue of the Hyattsville Reporter. Additionally, a public hearing on the budget was held on May 5, 2025.
Strategic Goals:
Goal 2 - Ensure the Long-Term Economic Viability of the City
Legal Review Required?
N/A