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Burleson council weighs CIP trade‑offs, tax‑rate timing after staff projects $15M five‑year revenue hit
Summary
City finance staff told council that county reappraisal changes could reduce projected revenues by about $15 million over five years and that maintaining the full CIP as recommended by the finance committee would require an estimated 5.4–5.5¢ increase to the I&S rate; council gave direction to assume a tax calendar below the voter‑approval threshold but to prepare options.
City finance and capital staff presented a wide-ranging budget briefing that covered the FY26 budget calendar, tax‑rate options, debt and CIP timing, and five‑year forecasts for general, utility and TIF funds.
Gloria Platt, director of finance, said recent changes in reappraisal plans at the Tarrant and Johnson County appraisal districts will materially affect Burleson’s revenue outlook: staff projected an approximate $15,000,000 decrease in revenue across the five‑year forecast under current assumptions. Platt described…
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