Smyrna is catching up on its audits, and the spike in taxes will help make up the $2 million that the town was short in its budget this year.

Smyrna doubles property taxes to cover $2 million deficit

Jarek RutzHeadlines, Government

Citing the woes of inflation and healthcare costs, the town of Smyrna has doubled its property taxes to deal with a $2 million shortfall for its fiscal year 2025 budget. Mayor Robert Johnson said the costs of healthcare, pensions, and increased salaries for town employees have been necessary to keep the town competitive in the workforce market. The town’s fiscal …

The town of Smyrna is likely to have to raise local taxes due to a budget deficit this year.

Smyrna deficit smaller than predicted, tax increase still likely

Jarek RutzHeadlines, Government

The town of Smyrna has a multimillion dollar budget deficit that it will try to combat by raising the taxes of local residents.  Sheldon Hudson, town manager, said the Smyrna Town Council originally thought the deficit would be $8 million, but the Budget Committee has since clarified that it has shrunk to the tune of about $6 million, $2 million …