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File #: 25-1729   
Type: Consent Status: Agenda Ready
File created: 8/8/2025 In control: City Council
On agenda: 8/15/2025 Final action:
Title: Ratify the property tax increase reflected in the Budget for Fiscal Year 2025-2026.
Attachments: 1. Recommendation for Action
Date Action ByActionAction DetailsMeeting Details
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Posting Language
Title

Ratify the property tax increase reflected in the Budget for Fiscal Year 2025-2026.

 

De

Lead Department

Office of Budget and Organizational Excellence.

 

Prior Council Action:

July 31, 2025 - Council approved Resolution No. 20250731-002 announcing that the maximum property (ad valorem) tax rate it would consider adopting for Fiscal Year 2025-2026 would be 60.4017 cents per $100 of taxable value.

 

For More Information:

Kerri Lang, Director, Office of Budget & Organizational Excellence, 512-974-2283.

 

Additional Backup Information:

By this action, the City Council will ratify the property tax increase reflected in the Budget for Fiscal Year 2025-2026.

 

This action complies with the property tax increase ratification requirements set forth in Local Government

Code Section 102.007(c).

 

On July 31, 2025, Council approved the maximum property (ad valorem) tax rate it would consider adopting for the Fiscal Year 2025-2026 which is 60.4017 cents per $100 of taxable value. Council will set the actual rate at this maximum rate or lower. The actual rate will be determined upon approval of the FY 2025-2026 General Fund Operating and Capital Budgets as part of the budget adoption readings.