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Colleyville presents FY2026 budget, proposes 0.311931 tax rate in first readings
Summary
Council held the first readings of the FY2026 budget and the tax ordinance, presenting a proposed property-tax rate of 0.311931 per $100 valuation and a proposed operating budget across funds; second readings are scheduled for Sept. 16.
City staff presented the Colleyville proposed budget for fiscal year 2026 and the tax ordinance during the council’s Sept. 3 meeting; both items were heard as first readings and will return for a second reading and potential adoption on Sept. 16.
Finance Director Cassie Smith and city staff outlined highlights of the proposed budget: total projected revenues across major operating funds of about $68.9 million and expenditures of about $68.6 million. The general fund revenue proposal is $30.7 million; staff identified property tax and sales tax as the largest revenue…
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