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Borger council introduces 0.606807 combined tax rate, schedules final vote Sept. 2
Summary
The Borger City Council unanimously introduced a combined property tax rate of 0.606807 per $100 valuation for fiscal 2026 and opened the first reading of the proposed fiscal 2026 operating budget; final votes and public hearings are set for Sept. 2.
Borger City Council on Aug. 19 unanimously introduced on first reading an ordinance to set a combined tax rate of 0.606807 per $100 valuation for fiscal 2026 and scheduled final action and a public hearing on the tax rate and the fiscal 2026 budget for Sept. 2 at 6:30 p.m.
City Manager Garrett Spradlin told the council the proposed rate reflects the council’s long-term direction to limit property tax revenue growth and that the city is adopting the ‘‘no-new-revenue’’ approach this year. Spradlin said the freeze-adjusted certified property tax value for 2025 is $510,646,850 and reminded residents the city granted a 20% homestead exemption last year.
The proposed combined rate breaks down to a maintenance-and-operations (M&O) rate of 0.4634…
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