At its Sept. 16 special meeting, Montgomery City Council approved the fiscal year 2024-25 budget and tax rate of $0.4000 per $100 valuation.

In a nutshell

The approved tax rate of $0.4000 per $100 valuation has remained the same for the sixth consecutive year, according to previous reporting.

The city’s approved FY 2024-25 budget projects $6.9 million in revenue and $6.7 million in expenditures, resulting in a surplus of $171,401, according to the city’s budget.

The approved general fund revenues and expenses are 17% and 15% higher than the FY 2023-24 budget, respectively, according to the city’s budget.




The breakdown

The FY 2024-25 budget includes:
  • $2.7 million for police
  • $2.5 million for administration
  • $1.1 million for public works
  • $337,043 for the court department
Learn more

View the adopted FY 2024-25 budget below.