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Crockett council outlines FY2026 budget priorities, directs split of new debt onto property tax and water utility bills
Summary
City staff presented draft FY2026 budget estimates and capital requests; council directed that debt service for police and fire be paid from property tax debt service while debt tied to water/wastewater projects be repaid via water utility consumption charges and asked staff to return with options.
City staff presented draft figures and a budget update at the Crockett City Council meeting on July 21, outlining increases in insurance, cyber liability and capital needs and seeking council direction on how to allocate repayment of recently issued debt.
Staff said the appraisal‑district preliminary values showed increased property values driven by new construction, and presented draft estimated taxable values for 2024 and 2025. The presenter warned that some insurance categories rose sharply because of existing lawsuits, and that cyber security risks and ransom attacks have created new insurance and training demands. “We have an increase of about $23,000 for our insurance,” staff said, citing a larger rise in general liability and errors & omissions driven by ongoing litigation.
On capital and one‑time…
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