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Lexington council approves 2025–26 budget, adopts 0.3870 tax rate and OKs $10,000 Water Well #7 payment
Summary
At a Sept. 15 special meeting, the Lexington City Council approved the proposed 2025–26 budget, adopted a 0.3870 tax rate (a 3.50% increase in total city taxes) and authorized a $10,000 principal payment on the Water Well #7 loan at Round Top State Bank.
LEXINGTON, Texas — The Lexington City Council approved the proposed 2025–26 budget and adopted a 2025 tax rate of 0.3870 per $100 of assessed value during a special meeting Monday evening.
Councilperson Bobby Wesner moved to approve the 2025–26 budget; Councilperson Anthony Retzlaff seconded the motion. The meeting minutes record the motion as adopted. The minutes include a vote…
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