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Waco council adopts 0.755 property tax rate for 2025-26 on 6-0 vote
Summary
On Sept. 9 the Waco City Council approved a property tax rate of 0.755 per $100 of assessed valuation for fiscal 2025-26 on a 6-0 vote. The rate allocates 0.5845 for maintenance and operations and 0.1705 for debt service; council members said the change represents a 1.96% increase.
Waco City Council on Sept. 9 adopted a property tax rate of 0.755 per $100 of assessed valuation for the 2025-26 fiscal year, approved 6-0 on second reading.
The ordinance sets a rate of 0.755, composed of 0.5845 for maintenance and operations and 0.1705 for debt service. The motion stated the change is effectively a 1.96% increase in the tax rate. The measure was passed on a roll-call vote after a brief discussion…
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