Euless Council Approves Fiscal Year 2026 Budget and Tax Rate Increase

In the heart of Euless, Texas, the City Council convened on August 18, 2025, to discuss and approve critical budgetary measures that will shape the community's financial landscape for the upcoming fiscal years. The meeting, marked by a series of unanimous votes, highlighted the city's commitment to maintaining fiscal responsibility while enhancing services for its residents.

The council began by approving the Euless Development Corporation's (EDC) budget for fiscal year 2026, which totals nearly $9.5 million. This budget not only adheres to the city's fiscal policies by maintaining a 60-day reserve but also includes significant capital appropriations of $4.9 million. The approval came after a public hearing held on August 11, where community members had the opportunity to voice their opinions.

Following this, the council moved to adopt the official operating and capital budget for the city for the fiscal year 2025-2026. This budget, presented by Finance Director Janina Jewell, was discussed in detail during a public hearing on August 12. The council's swift approval reflects a consensus on the importance of sound financial planning.

A notable aspect of the meeting was the ratification of a property tax increase, which is necessary when the budget requires raising even a dollar more in revenue from property taxes than the previous year. The approved tax rate of 47.6466 cents per $100 of assessed value represents an increase of nearly three cents from the previous year. This adjustment is projected to generate over $60 million in operating revenue for the city, ensuring continued funding for essential services such as police and fire protection, parks, and library services.

Jewell emphasized that despite the increase, the proposed tax rate remains below the voter approval rate, which is the maximum rate the city can adopt without seeking voter consent. The average homeowner will see an increase of approximately $107 per month, a figure Jewell compared to the cost of a latte, aiming to illustrate the value of city services provided.

The council also addressed several public improvement districts, confirming that no assessments would be required for Glade Parks Public Improvement Districts 1 and 2 for the upcoming fiscal year, as obligations have been paid off early. This decision reflects the city's ongoing efforts to manage its financial commitments effectively.

As the meeting concluded, the council members expressed gratitude to the city staff for their hard work during the budget season, underscoring a collaborative spirit in navigating the complexities of municipal finance. With these budgetary decisions, Euless is poised to continue providing vital services to its residents while maintaining a focus on fiscal prudence.