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Fredericksburg council holds public hearings on proposed tax increase and budget, postpones final votes to Sept.16

5821262 · September 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After a public hearing on a proposed tax increase and a separate hearing on the fiscal 2026 budget, Fredericksburg city council voted to postpone final adoption of both the tax rate and the budget until the council's Sept.16 meeting following public comment and staff presentation.

The Fredericksburg City Council opened public hearings Sept. 9 on a proposed tax increase for the 2025 tax year and on the proposed fiscal 2026 city budget, then voted to postpone final adoption of both items to the council's Sept. 16 meeting.

Finance Director Krista Wareham briefed the council on the three technical tax-rate calculations supplied by the appraisal district, noting the voter-approval tax rate, the no-new-revenue rate and the de minimis rate. "The voter approval tax rate is the maximum tax rate a local government such as a city or county can set without voter approval through an election," Wareham told the council, and she read the rates provided by the appraisal office: the no-new-revenue rate 0.200022, the voter-approval rate…

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