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Southlake council hears FY2026 budget overview; staff proposes 1¢ tax-rate cut
Summary
City staff presented the fiscal year 2026 budget framework emphasizing tax relief, cash funding for capital, workforce investments and multiyear sustainability; council moved the item as a work-session briefing with formal hearings and votes set for September.
City staff presented a full overview of the City of Southlake’s proposed fiscal year 2026 budget during a work session on Aug. 19, saying the package prioritizes tax relief, infrastructure reinvestment and workforce retention.
"One of our strongest commitments is to provide meaningful tax relief while maintaining stability for city services," Chief Financial Officer Sharon Jackson said as she opened the budget presentation to the council. Jackson told council the proposed budget would reduce the city tax rate by one cent, from 3.305 to 2.95 per $100 of taxable value, and that the combination of rate reductions and exemptions represents a deliberate policy of relief.
The presentation framed the budget as a strategic plan rather than a one-year financial document. City Manager Allison Lisonbee said the draft budget aligns spending with the council's long-term…
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