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Dripping Springs council sets $0.2267 proposed tax rate for FY26 notice as budget talks continue
Summary
Council voted to set a proposed 2025 ad valorem tax rate of $0.2267 per $100 of valuation for public notice, giving staff and the council flexibility to adopt a lower rate at final vote; the move was framed as a pragmatic step amid concerns about declining growth in appraised values and planned debt service.
Dripping Springs City Council voted Aug. 5 to set a proposed ad valorem tax rate of $0.2267 per $100 of valuation for public notice as part of the FY26 budget process. City finance staff said the figure combines the maintenance-and-operations (M&O) component and an interest-and-sinking (I&S) or debt-service component, and represents the maximum the council could adopt after the required public hearings.
City staff emphasized the vote was procedural: posting the higher…
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