Grayson County Commissioners Approve $1.3M Deficit Budget and Property Tax Increase

Grayson County officials have approved a new budget for the fiscal year 2026, which includes a projected deficit of $1.3 million for the general fund. The budget maintains the same tax rate of 0.3051, which has been consistent for the past three years and is among the lowest in Texas. This decision was made during the regular meeting on August 26, 2025, where the county commissioners emphasized the importance of fiscal responsibility while addressing community needs.

The budget outlines a 5% cost of living salary adjustment for county employees, with additional increases for certified officers in the sheriff's office. It also includes a 9% rise in health insurance costs for employees and retirees. Notably, the budget allocates funds for several new positions, including a magistrate judge and a fire marshal deputy, while also addressing critical needs in various departments.

Despite the deficit, county officials expressed optimism, citing historical trends where actual expenditures often come in under budget. The budget also reflects a significant increase in funding for fire and EMS contracts, totaling $360,000, and earmarks approximately $1.5 million for capital projects.

In addition to the budget approval, the commissioners discussed a property tax increase that is expected to generate an additional $1,098,413 in revenue compared to the previous year. This increase is attributed to new properties added to the tax roll.

The meeting concluded with a unanimous vote in favor of the budget and the property tax increase, signaling a commitment to balancing fiscal challenges with the needs of the community. As Grayson County moves forward, officials plan to focus on essential personnel and expenses, particularly in light of ongoing jail expansion efforts.