The Leon Valley City Council reviewed the city manager’s tax‑rate analysis and agreed to place a proposed property tax rate of 0.51504 on the Sept. 2 agenda for public hearing and final adoption.

City Manager Crystal Caldera explained that the county’s certified property valuations and the no‑new‑revenue calculation left the city with a small operating shortfall under the no‑new‑revenue rate; councilors discussed options and the council agreed to set a rate one cent above the no‑new‑revenue number.

Nut graf: Caldera told council the no‑new‑revenue rate approximated 0.50504 but left a negative balance; raising the rate to 0.51504 would create a modest positive operating balance (the staff cited a roughly $63,000 surplus under the proposed rate). Councilors discussed fiscal conservatism and residents’ sensitivity to tax increases and expressed general support for the one‑cent increase; the council set the proposed rate and scheduled the necessary public hearing for Sept. 2.

Caldera explained why the average homeowner’s bill changes are not a direct one‑cent multiplication: valuation changes affect the total tax levy. She cited Bexar County valuations showing a decrease in multifamily and commercial valuations while single‑family average assessments rose modestly; that change explains why the average homeowner’s annual bill increases are not identical to the pure rate increase.

Ending: The council directed staff to publish the required notices and bring the rate back on Sept. 2 for the public hearing and adoption vote.