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Richardson presents $406 million budget with lowest adopted tax rate since 2006; priorities include infrastructure and public safety
5360500 · July 10, 2025
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Summary
City officials described the $406 million budget, a 1.8% increase, low tax rate of 54 cents per $100 valuation, AAA bond ratings and funding priorities for streets, parks and economic development.
Mayor Pro Tem Tim Arfin Shamshule and Mayor Bob Dubey highlighted the city's adopted budget for the current fiscal year and explained key priorities, financial ratings and awards.
"Our budget is the most important thing we do as a council," Mayor Pro Tim Arfin Shamshule said, introducing a summary of fiscal priorities and accomplishments.
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