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Navasota staff previews preliminary FY2025–26 budget, proposes 2.5% COLA and TMRS increase to 6%
Summary
City staff presented a preliminary FY2025–26 budget at a July 14 special meeting of the Navasota City Council, proposing a 2.5% cost-of-living adjustment for employees, raising the TMRS contribution from 5% to 6%, and keeping tax and utility rates flat pending final revenue numbers.
City staff presented a preliminary FY2025–26 budget at a July 14 special meeting of the Navasota City Council, proposing a 2.5% cost-of-living adjustment for employees, raising the Texas Municipal Retirement System contribution from 5% to 6%, and keeping the tax rate and utility rates flat pending final revenue numbers. The staff presentation emphasized a balanced-budget approach and said the city will avoid issuing new debt this fiscal year unless the council directs otherwise.
The presentation explained the city lacks final revenue figures because the certified appraisal roll from the appraisal district is due in early August; staff said they expect to post the proposed budget the week of Aug. 4 and hold a second budget workshop on Aug. 11. The council will conduct a public hearing and adopt the budget on Sept. 8, then adopt the tax rate on Sept. 22 if the council maintains the current rate.
The staff presenter said the recommended personnel pay approach combines a 2.5% COLA…
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