Property Tax Rate and Budget
Summary
The city adopted its annual budget and set the tax rate at $0.6573 per $100 valuation, representing an effective 9.62% tax rate increase. Residents expressed frustration over rising tax bills and questioned city spending priorities, while staff and council emphasized balancing needs against inflation.
At a glance
- Total mentions
- 28
- Last 30 days
- 0
Last discussed Aug 4, 2026.
Impact analysis
Total budgeted revenues are $273 million and expenditures are $271 million, with a property tax rate set at $0.6573 per $100 valuation.
All Killeen residents benefit from funded municipal services, police, fire, and infrastructure maintenance.
Property owners face higher tax bills due to rising valuations and the increased tax rate.
Mentions & discussions (30)
Killeen approves higher tax rate amid budget cuts and staff reductions
Killeen approves higher tax rate amid budget cuts and staff reductions KXXV
City Council - Aug 4, 2026
The city faced a difficult decision on whether to raise property taxes to avoid cutting city services and staff positions. The Council ultimately chose a rate that minimizes cuts while avoiding a voter-triggered election.
Killeen reader says city's voters need to say 'no' to any new taxes
To the Editor:
City Council — September 2, 2025
The city adopted a $133.4 million general fund budget and a property tax rate of $0.7014 per $100 valuation, raising taxes by about four cents and costing the average homeowner roughly $1,527 more per year. Residents expressed frustration over rising tax burdens and living costs during public comments.
Killeen approves 8% property tax rate increase to fund public safety, city services
Killeen approves 8% property tax rate increase to fund public safety, city services KXXV
City Council — August 5, 2025
The city is moving forward with a preliminary tax rate of 70.14 cents to fund police and fire department priorities, employee raises, and infrastructure maintenance.
City Council — July 22, 2025
The council reviewed the proposed $326 million municipal budget and property tax rates, debating how to fund employee pay raises and public safety while keeping taxes manageable.
Local residents in Killeen could see an increase in property taxes next year
Local residents in Killeen could see an increase in property taxes next year KXXV
City Council (Work) — February 24, 2025
City staff presented an early financial forecast showing a $2.4 million general fund deficit, sparking debate among council members and residents over where to cut costs or focus spending, such as employee pay and public safety.
City Council — January 21, 2025
The city council approved amendments to the FY 2025 budget to allow for the rollover of funds from the previous year for ongoing projects and grants.
City Council — September 3, 2024
The city adopted its annual budget and set the tax rate at $0.6573 per $100 valuation, representing an effective 9.62% tax rate increase. Residents expressed frustration over rising tax bills and questioned city spending priorities, while staff and council emphasized balancing needs against inflation.
City Council — August 6, 2024
The city is setting its preliminary property tax rate at 65.73 cents to balance the budget while grappling with massive revenue losses from state-mandated disabled veteran tax exemptions.
City Council — July 23, 2024
The city proposed a $70.5 million tax revenue budget with a proposed tax rate of 65.73 cents per $100. Residents and council members discussed spending priorities, debt service, and the financial impact of disabled veteran tax exemptions.
City Council — July 2, 2024
The city released its $126 million general fund budget proposal, which includes pay increases for city staff and first responders alongside an estimated no-new-revenue tax rate.
City Council — June 11, 2024
Residents expressed strong opposition to rising city fees, including bulk trash pickup and permit costs, arguing it hurts fixed-income seniors and families.
City Council (Work) — June 4, 2024
The city is facing a tight general fund with $4.1 million in new expenses against only $870,000 in new revenue. Officials highlighted that state-mandated disabled veteran tax exemptions continue to outpace new construction growth, creating a financial squeeze.
City Council (Work) — May 21, 2024
The city presented proposed fee increases across various departments, such as animal services, code enforcement, aviation, fire, golf, parks, and solid waste, to offset rising operational costs and align with benchmark cities.
City Council Workshop — February 26, 2024
The city faces tight general fund revenue growth of around 3% for the upcoming fiscal year, driven by slower sales tax increases and veterans exemptions canceling out new property growth. Council members weighed competing demands like competitive employee pay, infrastructure repairs, and park funding against these strict financial limits.
City Council Workshop — September 5, 2023
The city is moving forward with a $243.9 million budget and a proposed tax rate of $0.6208 per $100 valuation for fiscal year 2024, representing a slight decrease in the overall rate.
City Council — September 5, 2023
Killeen is weighing a $243.9 million budget for the coming fiscal year, featuring an 8% drop in spending due to fewer bond projects. Residents raised concerns about how money is prioritized, including funding for warming centers, code enforcement, and park accessibility.
City Council Workshop — August 17, 2023
Residents weighed in on spending priorities, fund balances, and tax shifts in Killeen's upcoming annual budget, questioning allocations for travel, economic development, and contingencies.
City Council — August 1, 2023
Residents voiced frustration over rising property tax levies despite a nominal tax rate reduction, questioning spending on office supplies, contract labor, and city infrastructure. In response, the council scheduled an upcoming town hall to give citizens more direct input before the final vote.
City Council — July 11, 2023
The city manager presented a $120 million general fund budget featuring employee raises and a slight property tax rate decrease, while noting major budget constraints from state-mandated disabled veteran exemptions.
City Council Workshop — May 30, 2023
The city is shaping its upcoming budget while proposing a one-cent property tax rate reduction, though rising property values mean individual tax bills may still increase. Leaders are balancing soaring costs for public safety, transit, and infrastructure against revenue constraints.
City Council Workshop — February 15, 2023
The council is hammering out what matters most for next year's budget, with a big focus on keeping city employee pay and healthcare competitive so Killeen doesn't lose workers to other cities.
City Council — September 13, 2022
The council adopted a $265 million budget and a property tax rate of $0.6233 per $100 valuation, prompting citizen concerns over increasing tax burdens and bond debt.
City Council Workshop — September 6, 2022
The council reviewed the upcoming annual budget and a tax rate reduction to $0.6233 per $100 valuation, lowering property tax burdens slightly while funding essential services.
City Council — August 2, 2022
The city set a preliminary tax rate ceiling of $0.6233 for the upcoming fiscal year, which lowers the rate by about 8 cents while generating necessary revenue despite inflation. State-mandated disabled veteran exemptions continue to place a heavy financial burden on the city's tax base, resulting in roughly $6 million in uncompensated revenue losses annually.
City Council — July 26, 2022
The council reviewed the proposed $260.9 million FY 2023 budget during its first public hearing, with residents raising concerns about spending and tax impacts.
City Council (Work) — July 19, 2022
City finance staff rolled out the proposed $112.5 million general fund budget for FY2023, featuring 3% COLAs for employees, increased fuel costs, and capital debt issuances.
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