Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council adopts FY25-26 budget and raises tax rate to $0.387277 per $100; earmarks drainage work
Summary
Flower Mound's Town Council unanimously adopted the FY25-26 budget and set the city tax rate at $0.387277 per $100 valuation, while allocating $154.3 million in new capital projects and adding a dedicated Cross Timbers drainage improvement project to the CIP.
The Flower Mound Town Council unanimously adopted the fiscal year 2025-26 operating and capital budget and set the municipal property tax rate at $0.387277 per $100 of assessed value, a 4.07% increase from the current rate.
During a lengthy budget presentation, Finance staff outlined the budget's major components: about $154.3 million in newly proposed capital projects for the coming year, plus roughly $90 million in previously authorized capital budget authority to complete multi-year…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
