Fiscal Year 2026-2027 Proposed Budget & Tax Rate
Summary
The city is reviewing options to stabilize the debt service tax rate and manage upcoming bond issuances for capital improvements without causing wild swings in taxpayer bills.
At a glance
- Total mentions
- 3
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Sep 15, 2026.
Impact analysis
Impacts future property tax rates and debt service obligations for residents.
Property owners seeking tax rate stability and long-term infrastructure funding.
Residents who might face higher tax burdens if debt management strategies are not aligned.
Mentions & discussions (3)
City Council Meeting — September 15, 2026
The city council adopted its $74.3 million annual operating budget and kept the property tax rate flat at $0.684934 per $100 valuation, while ratifying a 5.94% revenue increase due to property value growth. Residents during public comment urged the council to study implementing a homestead exemption to provide property tax relief.
City Council Meeting — September 1, 2026
The city presented its balanced budget for the upcoming fiscal year, maintaining the tax rate at $0.6849 per $100 valuation while increasing water and sewer rates by 9% to cover wholesale cost increases from Dallas and the Trinity River Authority.
City Council Meeting — May 19, 2026
The city is reviewing options to stabilize the debt service tax rate and manage upcoming bond issuances for capital improvements without causing wild swings in taxpayer bills.
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