FY 2026-27 TIRZ #3 Annual Budget and Financial Oversight
Summary
Amarillo's mayor is sounding the alarm about a massive $15 million budget shortfall. On top of that, there's a new proposal for the street fund, which could mean some serious belt-tightening and tough decisions for the city council.
At a glance
- Total mentions
- 21
- Last 30 days
- 2
Discussed at 2 meetings in the last 60 days; most recently Sep 11, 2026.
Impact analysis
Involves management and allocation of tax increment revenue for district projects and administrative operations.
Property owners, residents, and business operators within the South Gateway TIRZ district through planned public infrastructure and economic development.
Healthcare providers who may see an increase in their assessment.
Mentions & discussions (25)
City of Amarillo approves budget proposal
City of Amarillo approves budget proposal NewsChannel 10
South Gateway Tax Increment Reinvestment Zone #3 Board of Directors - Sep 11, 2026
The board is reviewing the annual budget and financial reports for the South Gateway Tax Increment Reinvestment Zone, which dictates how tax increment revenues are managed and invested in local public improvements.
With under three weeks to pass the annual budget, the City of Amarillo is recalculating its 2026 tax rate
The outside of Amarillo City Hall. (Amarillo Tribune photo/ Jackie Kingston) " data-large-file="https://i0.wp.com/amarillotribune.org/wp-content/uploads/2026/09/Amarillo-City-Hall-Aug-scaled.jpg?fit=780%2C585&ssl=1" /> After over a dozen hours in bud...
Amarillo City Council - Sep 8, 2026
The council reviewed complex tax rate scenarios, property tax relief funded by sales tax, and revenue projections, encountering discrepancies in truth-in-taxation calculations that required a special reconvene date to ensure accurate budget adoption.
Amarillo’s taxable value growth trends sloping down; City Council’s Sept. 8, 2026, budget workshop
The Amarillo City Council met for a budget workshop on Sept. 8, 2026. (Amarillo Tribune photo/ Phoebe Terry) " data-large-file="https://i0.wp.com/amarillotribune.org/wp-content/uploads/2026/09/DSC_0419-scaled.jpg?fit=780%2C520&ssl=1" /> The Amarillo ...
Amarillo City Council considers lower tax rate in second 2026 budget workshop
Amarillo City Hall. (Amarillo Tribune photo/ Phoebe Terry) " data-large-file="https://i0.wp.com/amarillotribune.org/wp-content/uploads/2025/02/DSC_1985-scaled.jpg?fit=780%2C520&ssl=1" /> The Amarillo City Council held a budget workshop on Thursday, t...
Amarillo city council discusses potential forensic audit of past financial records
Amarillo city council discusses potential forensic audit of past financial records KFDA | NewsChannel 10 | Amarillo Texas
Metropolitan Planning Organization Policy Committee - Jul 9, 2026
This program sets the agenda for all transportation planning in Amarillo for the next year. It determines which studies and projects get attention and funding.
Tutbury Public Improvement District Advisory Board - Jul 9, 2026
The board is reviewing the fees that residents pay to support the district. This directly affects the annual costs for homeowners in the Tutbury area.
Amarillo City Council approves first reading of amendments for 2024-25 budget
Amarillo City Council approves first reading of amendments for 2024-25 budget NewsChannel 10
Amarillo Hospital District Board of Managers - May 12, 2026
The board accepted the hospital's annual financial report for the fiscal year ending September 30, 2025. This ensures transparency and accountability in how the hospital's money is managed.
Amarillo Hospital District Finance Committee - May 11, 2026
The committee reviewed the hospital district's annual financial report for the past fiscal year. This audit ensures transparency and accountability in how the district manages its funds.
Pinnacle Public Improvement District Advisory Board - Apr 29, 2026
Discussions on the upcoming fiscal year's budget are crucial for planning how PID funds will be allocated for services and maintenance.
Amarillo City Council - Apr 28, 2026
The council will study how to recover costs for city services, which could lead to changes in fees or taxes for residents in the future.
Amarillo Convention and Visitors Bureau - Apr 22, 2026
The board reviewed the Q2 financial report, offering transparency on the organization's fiscal health and operational spending.
City Council (Special) - Mar 27, 2026
A separate single audit for federal and state grant programs is ongoing. While the main financial report is expected to be clean, this single audit may include process-related findings.
Watch: Amarillo City Council receives annual financial report
Watch: Amarillo City Council receives annual financial report KVII
City Council (Regular) - Mar 24, 2026
The city is working with an external auditor to complete the 2024-2025 fiscal audit, with a draft report expected soon. This is part of ensuring financial transparency and accountability.
Amarillo Hospital District Board of Managers - Feb 10, 2026
The board is considering amending the budget to cover increased state transfers for local hospitals. These transfers are fully funded by local hospitals, so no new district funds are being used.
City Council (Regular) - Jan 27, 2026
The council discussed the city's practices for posting financial data online, with a focus on expanding the scope and historical depth of publicly available information.
Amarillo-Potter Events Venue District Board of Directors - Jan 20, 2026
The board reviewed the district's financial performance for the last quarter. This helps ensure the district is managing its funds responsibly and effectively.
Amarillo Area Public Health Board - Jan 15, 2026
The board is looking at how the public health district is funded. This could affect the services available to residents and the overall capacity of the health department.
City Council (Regular) - Jan 13, 2026
Residents are calling for greater transparency in city finances, specifically requesting the public posting of the city's check register to allow citizens to view financial transactions.
Amarillo council adopts final $557M budget, delays statue unveiling
Amarillo council adopts final $557M budget, delays statue unveiling Amarillo Globe-News
Amarillo mayor questions $15M shortfall, street fund proposal
Amarillo mayor questions $15M shortfall, street fund proposal Amarillo Globe-News
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