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San Marcos Council advances FY2026 budget and sets maximum proposed tax rate after public hearings
Summary
On Sept. 2 the San Marcos City Council approved the first reading of the fiscal 2026 budget and set a maximum proposed tax rate of 67.69¢ per $100 of taxable value, directing a second public hearing and final vote on Sept. 16. Staff warned state legislation could limit future local spending and flagged an estimated $2 million annual EMS shortfall.
The San Marcos City Council on Sept. 2 approved the first reading of the proposed fiscal year 2026 budget and set the maximum proposed tax rate at 67.69¢ per $100 of taxable value, moving both items to a second public hearing and final vote on Sept. 16.
Finance Director John Locke opened the budget presentation with the city’s broad revenue and expense picture, saying the proposed operating budget totals about $371.1 million while the capital improvements program is roughly $114.8 million. He warned that sales‑ and property‑tax growth has slowed and that state legislation…
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