Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Taxrate topic
No spam. Unsubscribe anytime.
Granbury sets budget hearing for Aug. 18 and posts tax rate not to exceed 48.5¢; residents deliver petitions on incentives
Summary
Council set an Aug. 18 public hearing on the proposed FY 2026–27 budget and voted to publish a proposed tax rate not to exceed 48.5¢ per $100 valuation; a resident delivered a petition with more than 1,300 signatures asking the city to cap incentives for projects costing over $40 million.
Granbury City Council set the public hearing for the proposed FY 2026–27 operating budget for Aug. 18, 2026, at 6 p.m. and scheduled the tax-rate hearing for Sept. 1, 2026 as required by state law.
Finance staff said the proposed tax-rate notice will list a 'not to exceed' 48.5¢ per $100 valuation to allow time to consider whether to include financing for the Ameresco package; staff noted the no-new-revenue rate is a little over 45¢ and the voter-approval rate is about 71¢. Council voted to publish the 48.5¢ figure for required notice and to place a future adoption item on the agenda.
During citizens’ comments Kelsey Wolf told the council she would submit a petition to cap tax incentives to projects costing over $40 million, saying the petition included more than 1,300 signatures. She told council, “We have over 1,300 signatures, more than 15% of the voters in the previous election.” Another speaker, Greg Harrell, invoked a recent court proceeding and asked the council to exercise oversight of city staff and officials; council moved to executive session afterward.
