The Amarillo City Council meeting on September 9, 2025, focused on significant financial discussions, particularly regarding the proposed increase in the city's property tax rate and updates to financial policies.

The council reviewed the first reading of an ordinance to approve the city’s tax role and set the ad valorem property tax rate. The proposed tax rate is set at 43.07 cents per $100 valuation, which represents a 15.3% increase from the previous rate of 38.723 cents. This increase is attributed to a combination of rising property values and the need to fund essential city services, including public safety and infrastructure projects. For an average home valued at $280,000, this would result in an additional $11 per month in property taxes.

City officials emphasized the importance of transparency, encouraging residents to access detailed information about the tax rates and upcoming public hearings on the city’s website. A public hearing is scheduled for September 16, where citizens can voice their opinions before the council votes on the final tax rate.

In addition to the tax discussions, the council also addressed amendments to the city’s financial policies. A key change proposed was to adjust the minimum reserve policy for the general fund from three months to a 90-day reserve, aligning with best practices for local government finance. This reserve acts as a financial safety net for emergencies and unexpected revenue shortfalls.

The council debated the language in the financial policy regarding the city manager's authority to transfer funds between departments. Concerns were raised about ensuring that significant budget changes receive council approval, particularly for expenditures exceeding $50,000. The council ultimately agreed to amend the policy to include a cap on transfers without council consent, aiming to enhance oversight while allowing the city manager the flexibility needed for day-to-day operations.

The meeting concluded with a motion to adopt the revised financial policies, reflecting the council's commitment to fiscal responsibility and transparency in managing city finances. The discussions highlighted the ongoing efforts to balance the city's budgetary needs with the financial impact on residents.