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Another Year of Deficits: Hyattsville releases FY 2026 budget proposal

Another Year of Deficits: Hyattsville releases FY 2026 budget proposal

City wants to increase general expenditures by 27% next year compared to this year's projections and sets ambitious revenue growth targets

Claire Panak Tombes
Apr 02, 2025
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Route One Finance
Route One Finance
Another Year of Deficits: Hyattsville releases FY 2026 budget proposal
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Hyattsville is proposing an operating deficit of $1.6 million for fiscal year 2026, which begins July 1, 2025. According to the budget proposal released yesterday afternoon, the city is anticipating $30.1 million in general revenue for FY 2026 and proposes to spend $31.7 million out of the general fund, including long-term debt payments. The city counci…

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