BOISE – Today, the City of Boise’s budget office presented a revision to the proposed Fiscal Year 2027 budget, which includes a lower property tax increase than originally anticipated.
"Like many Boise families, the city is navigating financial constraints that require careful decisions and responsible stewardship of taxpayer dollars," said Mayor Lauren McLean. "As new information became available, we saw an opportunity to reduce the amount of property tax needed to support essential city services. We are passing as much of those savings as possible back to residents while continuing to deliver the services our community depends on every day."
The revised proposal reduces the amount of property tax revenue the city needs to collect, saving Boise residents approximately $2.9 million. The revised increase represents a property tax increase of just 2.7%, lower than the 4% increase proposed just last month.
The proposed FY27 budget reflects a citywide effort to tighten spending, delay lower-priority expenditures, and focus resources on core community needs, such as public safety, housing, and key infrastructure. The revisions presented today both meet the community's needs and pass along savings as costs rise.
“I remain dedicated to finding a solution that balances our city's needs with the financial well-being of our residents,” said Boise City Council President Meredith Stead. “I would be genuinely thrilled to support a proposal that achieves both. These are challenging times, and I want to make decisions through the lens of must-have or want-to-have, the same lens many of us are using in our own lives right now.”
The Boise City Council will consider the proposed Fiscal Year 2027 budget during upcoming public meetings before final adoption later this year. The public is invited to attend in person at City Hall or watch meetings online here.