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Wylie council accepts proposed property tax rates, schedules Aug. 26 public hearing
Summary
The City of Wylie council voted to accept the proposed property tax rate calculations and set a public hearing Aug. 26 for the final vote on the FY2025-26 tax rate and budget.
Wylie — The Wylie City Council on Aug. 12 voted 6-0 to accept the proposed property tax-rate calculations required by Texas law and set a public hearing for Aug. 26 at 6 p.m. at the Wylie Municipal Complex to consider final approval of the tax rate and the fiscal year 2025-26 budget.
City staff told the council the statutorily required calculations show a “no new revenue” rate of 0.521441 per $100 of valuation and a voter-approval rate of 0.543438 per $100. Council staff said the…
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