Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Commission adopts 2025–26 tax rate and ratifies operating budget
Summary
On second and final reading the commission adopted Ordinance No. 18‑26, setting a property tax rate of 0.703304 per $100 valuation for fiscal year 2025–26 (recorded in the meeting as an effective 9.21% rate increase), and then ratified the FY2025–26 operating budget. The ordinance passed on a roll‑call with all commissioners recorded as 'Aye.'
The Pampa City Commission approved the city’s property tax rate and ratified the FY2025–26 operating budget during its September meeting.
On second and final reading the commission considered Ordinance No. 18‑26, which sets a tax rate of 0.703304 per $100 valuation for the 2025–26 fiscal year. Speaker 2 moved to adopt on final reading and characterized the change as effectively a 9.21% increase in the tax rate. The motion passed on a roll‑call vote with each named commissioner recorded as 'Aye.'
Immediately afterward the commission ratified the FY2025–26 operating budget and recognized that the adopted budget requires more revenue from property taxes than the prior year’s budget. Commissioner (Speaker 9) moved to ratify the operating budget and tax rates “as adopted”; the motion carried by voice vote.
What this means: The adopted tax rate will be levied on all taxable property within the city limits for the 2025–26 fiscal year. City staff called this the final step in a multi‑month budget process and thanked commissioners for their participation.
Next steps: The adopted rate and budget will be implemented for the fiscal year beginning with the dates referenced in the ordinance; the commission did not alter the ordinance text during the meeting.
Quotes (from the record): "Ordinance number 18 26...An ordinance setting a tax rate of 0.703304 on each $100 valuation of property..." — Speaker 1; "I'll make a motion to adopt on second and final reading...which is effectively a 9.21% increase in the tax rate." — Speaker 2.
