Title
Consider ratifying the property tax increase reflected in the FY 2026 Budget.
Body
Section 102.007(c) of the Local Government Code requires a governing body that adopts a budget which raises more revenue from property taxes than in the previous year to ratify the property tax increase reflected in the budget. A vote under this subsection is in addition to and separate from the vote to adopt the budget or a vote to set the tax rate required by Chapter 26, Tax Code, or other law.
This action ratifies and acknowledges that the adoption of the Fiscal Year 2026 Annual Budget raises more revenue from property taxes than in the previous year. This budget will raise more total property taxes than last year’s budget by $7,925,800 which is an 8.7 percent increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $2,007,047.