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Rockwall council directs staff to advertise 25.75-cent tax rate as budget debate continues
Summary
Councilmembers reviewed the proposed FY2026 budget, discussed a proposed tax rate of 25.75 cents per $100 of assessed value to fund operations, pay raises, and potential street bond issuance, and instructed staff to publish that rate while preparing alternate scenarios for council review.
The Rockwall City Council at a special budget work session Aug. 25 directed city staff to publish a proposed property tax rate of 25.75 cents per $100 of assessed value for the fiscal year 2026 while it continues deliberations. The vote to publish the rate passed 4-2 after an earlier, separate motion to advertise the “no new revenue” rate failed 3-3.
The vote matters because the advertised rate sets the maximum the council may adopt when it holds a public hearing and later adopts a final rate; the council scheduled a public hearing for Sept. 2 and budget adoption for Sept. 15. City staff said the proposed 25.75-cent rate would support operations, market-based pay adjustments, and allow the city to issue up to $22 million of the voter-approved 2018 street reconstruction bonds if the council chooses to move forward.
Mary, a staff member presenting the budget, told the council the city’s total assessed value is about $10.8 billion, including about $210 million of new value; the…
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