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Mansfield council adopts FY2026 budget, sets tax rate and approves major capital contracts
Summary
Council approved the FY2026 budget and a 0.639 tax rate, then unanimously authorized several capital project contracts including City Hall GMP2, Glen Abbey drainage, and Heritage Parkway South construction, totaling multiple millions in project funding.
Mansfield city council on Sept. 8 adopted its FY2026 budget, set the property tax rate and approved a slate of capital project contracts in a session that concluded with unanimous votes on the major items.
Troy Listina, the city's chief financial officer and deputy city manager, presented the budget and the five‑year capital improvement plan. The ordinance the council approved sets the FY2026 budget at $526,239,072. Staff described a proposed tax rate of 0.639 per $100 assessed valuation; Listina said the average homeowner would see a small net reduction in the dollar amount owed this year…
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