Camden Freezes Property Tax Rate, Holds Levies Steady Through 2027

Camden City Council passed the Property Tax Rate Freeze Ordinance on July 7, 2026, locking municipal rates at their current level for the fiscal year that begins July 1. The measure covers all 45,000 residential parcels inside city boundaries and applies to both owner-occupied homes and rental properties.

City budget documents released last month showed that operating costs for waste, street lighting and library services had risen 4 percent over the prior twelve months. Council members cited those figures when they chose to hold the tax rate constant rather than approve the 3.1 percent increase that had been modeled in the preliminary spending plan.

Daily Budget Calculations for Camden Households

A median-valued single-family home currently pays 2,180 dollars in city taxes. Under the freeze that amount stays the same, leaving the typical household with the same cash outlay for the October and February installments. Renters in buildings with more than four units may see landlords absorb the unchanged tax line when they recalculate lease renewals later this summer.

Residents in the North Camden and Cramer Hill sections, where assessed values average 15 percent below the city median, will keep roughly 180 dollars that would have gone to an increased bill. The city finance office estimates aggregate household savings of 2.3 million dollars across the tax year, money that can cover utility deposits or school supply purchases instead.

Next Administrative Steps

Tax statements scheduled for mailing August 15 will list the prior-year rate. City staff will hold four evening sessions at branch libraries beginning July 15 to walk residents through how to read the unchanged line items. A mid-year revenue report is due to council in January 2027, at which point members will decide whether to extend the freeze into the following fiscal year.