FY 2026-2027 Budget and Tax Rate
Summary
Midland City Council has approved a new tax bill, and it's about to hit your mailbox. We're still digging into the specifics, but get ready for potential changes to your property taxes.
At a glance
- Total mentions
- 3
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Impact analysis
Total budget is approximately $504 million, with general fund expenditures at $197 million, keeping the tax rate at the no-new-revenue level.
Midland taxpayers, nearly half of whom will see decreased tax bills due to sliding residential property values, along with city departments funded for operations.
Taxpayers who experienced commercial property valuation increases or those concerned about government spending levels amidst inflationary pressures.
Mentions & discussions (3)
City Council - Sep 15, 2026
Midland adopted its annual budget and tax rates, keeping revenues steady at the no-new-revenue level while prioritizing public safety and cash-funded capital projects.
City Council - Aug 12, 2026
The city is finalizing its $505 million budget. By setting the tax rate ceiling now, the Council ensures they can't raise taxes above this level later, though they can still lower them.
City Council - Mar 24, 2026
The council reviewed and approved the city's annual financial report and audit. This ensures transparency and fiscal responsibility, showing the city is managing its money well and complying with state requirements.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
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