Posting Language
Title
Approve an ordinance amending Ordinance No. 20250813-001 adopting and levying a property (ad valorem) tax rate for Fiscal Year 2025-2026 to reduce the tax rate to the voter-approval tax rate.
De
Lead Department
Office of Budget and Organizational Excellence.
Prior Council Action:
August 13, 2025 - Council approved Ordinance No. 20250813-001
For More Information:
Kerri Lang, Director, Office of Budget and Organizational Excellence, 512-974-2283.
Additional Backup Information:
By this action, the City Council amends the City’s ordinance adopting the property tax rate for Fiscal Year 2025-2026 to align it to be the voter-approval tax rate which is the City’s tax rate established by state law after the results of the November election. This rate includes the rate needed to generate funds for the City's operating and maintenance costs as well as the rate needed for debt service.