Irving managers present structurally balanced FY26 budget and hold tax rate steady
City staff proposed a structurally balanced FY2025–26 budget that funds two years of police staffing, sets aside funds for collective bargaining outcomes and keeps the proposed tax rate at 0.5891 (0.4294 M&O; 0.1597 I&S). Council voted to set an amount-not-to-exceed authorization for the rate.
The full story
City officials presented the Irving FY2025–26 proposed budget at a retreat, describing it as structurally balanced and focused on funding public safety, capital projects and employee compensation. Brett Starr, the city’s chief financial officer, walked the council through tax-rate mechanics and scenarios, saying the administration is proposing to maintain the current total rate at 0.5891 per $100 of valuation, split 0.4294 for maintenance and operations and 0.1597 for debt service.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in