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Highland Village council adopts FY2025–26 budget, approves 0.500984 tax rate
Summary
At a Sept. 16 special meeting the Highland Village City Council approved the fiscal year 2025–26 budget, adopted a 0.500984 property tax rate (a 4.3% rate increase) and ratified a $760,922 increase in property tax revenue, including $46,919 in new property.
The Highland Village City Council on Sept. 16 adopted the fiscal year 2025–26 annual budget, approved a property tax rate of 0.500984 and ratified a $760,922 increase in property tax revenue reflected in the budget.
City staff said the adopted tax rate — 0.500984 per $100 of assessed value — exceeds the no-new-revenue rate and therefore the council included the special statutory language required for voter-approval-rate measures. Heather (staff…
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