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Finance staff outlines tax‑rate forecast; Burleson earns Texas Comptroller transparency star
Summary
Finance staff presented a proposed total tax rate of 0.6989 to support the 2025–26 budget and outlined a timeline for budget hearings; Deputy Director Michael Franklin reported the city received the Texas Comptroller's 'traditional finances' Transparency Star and is applying for additional stars.
Finance staff presented the city’s tax‑rate calculations and budget timeline and highlighted the city’s progress in publicly posting financial documents.
Staff explained the no‑new‑revenue (M&O) rate calculations, the available unused increment, debt rate and voter‑approval rate math. Based on the staff analysis and updated certified values, staff presented a…
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