Multi-Year Budget Sustainability
Summary
The city approved its FY2027 budget and set the tax rate at 53.7 cents per $100, marking 13 years of tax cuts and reducing the average homestead tax bill by about $72.
At a glance
- Total mentions
- 8
- Last 30 days
- 0
Discussed at 2 meetings in the last 60 days; most recently Sep 1, 2026.
Impact analysis
The budget totals over $118 million in capital projects and $98 million in operating funds for public safety, while lowering the tax rate to 53.7 cents.
Carrollton property owners will see an average tax bill savings of approximately $72, alongside continued municipal services and capital improvements.
Property owners facing potential tax rate increases or higher valuations.
Mentions & discussions (9)
City Council — September 1, 2026
The city approved its FY2027 budget and set the tax rate at 53.7 cents per $100, marking 13 years of tax cuts and reducing the average homestead tax bill by about $72.
City Council — August 18, 2026
The city council is shaping the upcoming budget, balancing essential public safety and infrastructure needs against rising costs and evaluating a slight property tax rate decrease to offset new stormwater fees.
City Council — August 11, 2026
The city is starting the process of setting the budget and tax rate for next year. This will determine how much you pay in property taxes and what services the city can afford.
City Council — March 3, 2026
The city is planning for future budget pressures, including rising utility costs and potential state-level tax restrictions.
City Council — February 17, 2026
The city is maintaining a strong AAA bond rating, which keeps interest rates low for taxpayer-funded projects. Officials emphasized the importance of conservative budgeting to protect these ratings.
City Council — September 9, 2025
The city is balancing a $325.9 million budget, focusing on infrastructure and public safety while cutting the tax rate for the 12th year.
City Council — March 4, 2025
The city is facing new state laws that limit property tax revenue and potential changes to sales tax rules. These factors mean the city has to be extra careful with spending to keep services running without raising taxes.
City Council — January 21, 2025
The city is formalizing its commitment to environmental and operational efficiency through a new 2025 plan.
Cities tighten their belts anticipating shrinking revenues, reduced budgets
Cities tighten their belts anticipating shrinking revenues, reduced budgets
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