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Weatherford council hears public comment on $55.8 million FY‑26 budget; proposes no-new-revenue tax rate
Summary
City staff presented a balanced $55.8 million proposed general fund budget for fiscal year 2026 built on the no-new-revenue tax rate; council held the required public hearing and voted to formally propose the no-new-revenue rate of 39.2246¢ per $100 of taxable value.
Weatherford — City staff presented the proposed fiscal year 2026 budget, which would put the city’s general fund revenues at $55.8 million and expenditures at $55.7 million, and the council on Tuesday voted to propose the no-new-revenue tax rate of 39.2246¢ per $100 of taxable value.
The budget presentation, led by Assistant City Manager Ashley Esquivel, said the budget was built using the no-new-revenue tax rate and would preserve a reserve level “more than 120 days of operational funding.” Esquivel said the general fund was balanced with a marginal surplus of about $47,000 and that the city projects an ending fund balance of $32.6 million, equal to 229 working days of operations. “Our reserve level will remain more than 120 days of operational funding,” Esquivel said during the presentation.
The proposed budget allocates roughly 50 percent of general fund spending to public safety (police, fire, emergency management and animal services), 20 percent to infrastructure and capital…
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