Council Schedules Property Tax Rate Hearing for September 15

In the heart of Argyle, Texas, the Town Council convened on August 18, 2025, to discuss crucial financial matters that will shape the community's future. Under the bright lights of the town hall, council members delved into the details of the proposed property tax rate, a topic that has significant implications for residents.

The council is preparing for a public hearing on September 15 at 5:30 PM, where they will present the proposed tax rate of 34 cents, slightly above the no-new-revenue tax rate of 30.26 cents. This increase is attributed to the annexation of new land and substantial construction within the town, which has added approximately $63 million in taxable value since January 2024. As a result, the average homestead taxable value has risen by about 12%, while the overall levy on taxable properties is expected to increase by around 10%.

During the meeting, officials emphasized the importance of transparency, noting that all tax rate calculations and related documents are available to the public, as mandated by state law. The council highlighted that the increase in revenue, estimated at $414,000, is largely driven by new properties added to the tax roll, contributing $214,000 of that total.

As the discussion progressed, council members engaged in a detailed examination of the tax rate calculation worksheet, a complex document that outlines the financial framework for the upcoming budget. The meticulous nature of these calculations underscores the council's commitment to fiscal responsibility and accuracy, as they navigate the intricacies of local taxation.

With the public hearing on the horizon, residents are encouraged to participate and voice their opinions on the proposed tax rate. The council's proactive approach to communication and transparency aims to foster a collaborative environment as Argyle continues to grow and evolve. As the meeting concluded, the council members left the room with a sense of purpose, ready to address the community's needs and ensure a prosperous future for all.