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Argyle council adopts FY2026 budget, keeps tax rate stable but ratifies revenue increase

5777143 · September 15, 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

The Argyle Town Council approved a $FY2026 budget and adopted a tax rate of $0.3431 per $100 valuation; council also passed a resolution ratifying an increase in property tax revenue driven by local growth. Councilmembers said they'll review targeted budget amendments in December.

The Argyle Town Council on Sept. 15 adopted the town's fiscal year 2026 budget and approved a property tax rate of $0.3431 per $100 of taxable valuation, a measure council members said keeps the rate effectively the same while acknowledging increased tax revenue resulting from local growth.

Mayor and council adopted Ordinance 2025-35 approving the FY2026 budget and Ordinance 2025-36 levying the tax rate. After adopting the tax rate the council passed Resolution 2025-45, a required state step to ratify any increase in property tax revenue from the previous year.

Why it matters: Council members said the budget preserves strong reserves while shifting money into capital projects the town has planned, including a planned police facility and street improvements. Councilmember Martin Bridal and other members emphasized a continued review and the possibility of budget amendments later in the year.

Council discussion and context Mayor and staff…

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