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Mineral Wells council adopts $58.5 million FY2026 budget, keeps tax rate steady at voter‑approved level
Summary
City council approved the fiscal 2025–26 budget and related fiscal measures, including modest utility adjustments and a plan to issue debt for the reverse‑osmosis water project after requesting $8 million be returned from the municipal water district.
The City of Mineral Wells on Monday adopted its fiscal year 2025–26 budget and related fiscal measures, approving a proposed budget that staff said totals about $58.5 million across all funds and retains the voter‑approved tax rate of 0.5717881 per $100 of assessed value.
City Manager Weeks presented the budget and said the proposal emphasizes customer service, communication, transparency and financial sustainability while responding to near‑term cash pressures. “We added financial sustainability to our core values,” Weeks said during the presentation.
The adopted budget funds the general fund, water and sewer, airport and other city funds. Highlights included 8 new positions citywide (four in the general…
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