Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Weatherford council holds FY26 budget hearing, proposes no-new-revenue tax rate and signals $500,000 HOT support for Chamber project
Summary
At a public hearing on Aug. 26, Weatherford staff presented a balanced FY26 budget that uses the no-new-revenue tax rate; council voted to propose a rate of 39.2246¢ per $100 and instructed staff to include a $500,000 hotel-occupancy-tax contribution to the Chamber building for consideration at the Sept. 9 adoption meeting.
Weatherford city staff presented the proposed fiscal year 2026 budget during a public hearing on Aug. 26, telling the council the general fund is balanced at about $55.8 million in revenues against $55.7 million in expenditures and that reserve levels will remain above 120 days.
"Our reserve level will remain more than 120 days of operational funding," Assistant City Manager Ashley Asquivel said during the presentation, noting the budget was developed using the no-new-revenue tax rate and includes spending priorities such as transportation projects, the addition of Fire Station 5, park renovations and a sustained $3…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
