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Lago Vista council sets no-new-revenue tax rate, schedules in‑depth budget workshop Sept. 11
Summary
After hours of discussion about reserves, capital projects and nonprofit grants, the Lago Vista City Council voted to set the city27s 'no‑new‑revenue' tax rate and scheduled an in‑depth budget workshop for Sept. 11 with a formal vote on the budget and tax rate set for Sept. 25.
The Lago Vista City Council voted to set the city27s tax rate at the "no‑new‑revenue" rate and adopted a calendar for final budget hearings and votes.
Councilors agreed to hold an in‑depth budget workshop at 1 p.m. on Sept. 11 and to cancel the previously planned Sept. 15 workshop; the council set Sept. 25 at 1 p.m. as the date for final votes on the FY2026 budget and the tax rate. Mayor Sullivan made the motion to set the workshop dates; the motion passed unanimously.
The council then debated the maximum tax rate to publish in notices. After a failed…
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