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Bruceville‑Eddy council proposes 1¢ tax‑rate increase, sparking debate over reserves and employee raises

5480664 · July 26, 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

City staff presented a proposed FY2025‑26 budget that would raise the city’s tax rate by one cent to $0.47 per $100 of valuation to fund water infrastructure, staff pay increases and other capital needs; councilors debated the use of reserve funds, a TMRS pension boost and employee pay.

City Administrator Kent Minton presented a proposed FY2025‑26 budget on July 24 that would increase the city property‑tax rate from $0.46 to $0.47 per $100 of assessed value and fund water‑system maintenance, street repairs and employee compensation. Minton said a 1¢ increase would raise roughly $25 a year on a $250,000 home and that the city saw a 4% increase in appraised values in McLennan County.

The proposal includes funds pulled from reserve balances to support projects and to continue work on a sewer project; Minton said the budget would cover construction of a new sewer system segment and make “a continued investment in our people” with a 4% cost‑of‑living…

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