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Galveston council ratifies 2025 tax rate labeled as 'no new revenue'
Summary
The Galveston City Council unanimously ratified the citys adopted tax rate for tax year 2025, confirming a rate described by staff as the "no new revenue" rate under state law.
The Galveston City Council ratified the citys adopted property tax rate for the 2025 tax year on Oct. 3, approving a rate described by staff as the "no new revenue" rate under state law.
Finance Director Sheila Ladonya told the council that state law requires the ratification after the council ran out of time to adopt a rate earlier in the process. "As council knows, the clock ran out on making a decision on the tax rate and by state law, chapter 26 of the Texas tax…
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