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Odessa council adopts 0.4707 tax rate amid public concerns about audit law and past management
Summary
The Odessa City Council adopted a property tax rate of 0.4707 per $100 valuation for the 2025 tax year after a public hearing where residents urged delaying increases until the city’s most recent audit is filed under newly enacted state law.
The Odessa City Council adopted a property tax rate of 0.4707 per $100 valuation for the 2025 tax year (fiscal year 2025–26) after a public hearing in which residents urged caution until the city’s most recent audit is filed under a newly enacted state law.
The hearing and vote concerned the council’s proposed rate of 0.4707 (below the voter-approval rate of 0.4707001 and above the no-new-revenue rate of 0.443537). Taylor, a city staff member presenting the numbers, said, “Tonight for consideration, the city council will levy, tax rate for the 20 25 tax year, which is for fiscal year '26, by adopting a tax rate of 0.4707 cents per $100 evaluation.” The council voted unanimously to adopt the rate.
City attorney Keith Fletcher told the council that Senate Bill 1851, enacted by the Texas Legislature this year, should be treated as prospective. He said the Texas Code…
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