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Mulberry holds public hearing on 2026 budget and tax rate; next hearing set for Sept. 9
Summary
A city staff presenter told the council the general fund revenue projection for fiscal 2026 is $10,470,000; proposed changes include a $500,000 increase in property-tax revenue and a $123,800 sales-tax increase. The council kept the public hearing open and scheduled a second hearing on Sept. 9.
Speaker 1, the city presenter at the Aug. meeting, opened a combined public hearing on the proposed fiscal 2026 budget and the tax rate and said the presentation would cover both items.
Speaker 1 said the city’s general fund revenue projection for the coming year is $10,470,000. He told the council the city’s revenue mix skews more toward sales tax than many Texas cities.
"Our sales tax will, increase by a 123,800," Speaker 1 said, and he reported property-tax revenue would increase by $500,000 under the…
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