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Cleburne staff present FY2026 budget; council sets intent to consider 0.612548 tax rate and schedules hearings
Summary
City staff presented the proposed FY2026 budget and recommended a tax rate of 0.612548 per $100 of assessed value. Council accepted the certified appraisal roll, scheduled public hearings and approved employee benefit plan changes; council voted 4-1 to state intent to consider the voter-approval tax rate.
City staff presented the proposed fiscal year 2026 budget and recommended the City Council consider a proposed tax rate of 0.612548 per $100 of assessed value at a future adoption meeting.
Finance staff reported certified taxable values just above $4.0 billion and noted year-over-year growth of about $297 million (7.2%), of which roughly $182 million reflected new construction. Staff described the "no-new-revenue" and "voter approval" rate calculations and said the voter-approval rate of 0.612548 would yield about $23.2 million in property-tax revenue compared with roughly…
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