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San Antonio unveils roughly $4 billion FY2026 proposed budget; city says property tax rate will not increase
Summary
City budget staff presented a proposed $4 billion FY2026 budget at a Sept. 3 public hearing and said the city's ad valorem tax rate would remain at 54.159 cents per $100 valuation; public comment urged cuts to arts funding and DEI programs.
San Antonio city officials on Sept. 3 opened a public hearing on the fiscal year 2026 proposed budget, presenting a plan of about $4 billion and saying the city's ad valorem tax rate would remain unchanged at 54.159 cents per $100 valuation.
Justina Tate, the city's budget director, told the City Council the proposed FY2026 budget totals about $4,000,000,000, a roughly 2.2% increase over FY2025, made up of a $1.69 billion general fund, about $1.10 billion in capital spending and $1.2 billion in restricted funds. Tate said the proposal includes roughly $152,000,000 in property tax relief through exemptions and freezes for…
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