Aldermen Approve Budgets Without Setting Tax Rate
PHOTO BY STEVE CORLEW/Lexington Progress
Article by Steve Corlew
The Lexington Board of Aldermen voted to approve the FY2026-27 budget on Monday, July 13th, but failed to set the property tax rate.
The board voted 4-3 to approve the second reading of the budgets, however it was unclear what the property tax rate would be or how they were going to balance the budget. Mayor Gordon Wildridge stated a couple of times in the meeting that the property tax would be…
For complete coverage, see the July 15th edition of the Lexington Progress.
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