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Highland Village adopts FY2025–26 budget, sets property tax rate at 0.500984
Summary
At a Sept. 16 special meeting, the Highland Village City Council approved the fiscal year 2025–26 budget, adopted a property tax rate of 0.500984 per $100 assessed valuation and ratified a $760,922 increase in property tax revenue; all votes were unanimous with one member absent.
The Highland Village City Council approved the fiscal year 2025–26 budget and separately adopted a property tax rate of 0.500984 per $100 assessed valuation at a special meeting on Sept. 16. Council members also ratified a $760,922 increase in property tax revenue tied to the budget.
The actions were taken on the second and final readings required for adoption. Council approved Ordinance 2025-13-30 to adopt the budget, Ordinance 2025-13-31 to levy the ad valorem tax rate, and Resolution 2025-3-208 ratifying the revenue increase. All votes were recorded and carried unanimously,…
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