Cedar Park council holds first reading of $215.2 million FY2026 budget, proposes 36¢ tax rate

The Cedar Park City Council on a specially called meeting conducted a first reading and public hearing on a proposed fiscal year 2026 municipal budget totaling $215,200,000 and a proposed property tax rate of 36¢ per $100 of taxable value.

Erica (city staff), who presented the budget materials, said: "The proposed fiscal year 2026 budget is $215,200,000. The general fund is the largest component at $82,800,000." She told the council the city’s utility fund is budgeted at $45,000,000 and restricted or special revenue funds total $87,400,000.

Why it matters: The proposal frames spending on public safety, infrastructure and several one‑time projects and will return to council for a second reading and formal adoption next week. The first reading set out revenue assumptions, proposed service additions and debt plans that will determine tax bills and service levels if adopted.

Key budget points discussed - Revenues…