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City manager: rising appraisals and audit timing likely to push down Alpine's property rate
Summary
City Manager Henry said Alpine's 2026 certified values rose to $563.3 million; under the statutory 'no new revenue' constraint tied to the audit, that typically forces a lower property rate even while costs for streets and departments rise.
City Manager Henry told the council the 2026 certified estimate of taxable value for the City of Alpine is $563,308,006.27 and explained what that means for the property-tax rate calculation.
"The new estimated total value is $563,308,006.27," Henry said, and added that when appraised values increase, the city faces a statutory "no new revenue" constraint that usually produces a reduced property rate so the city does not collect more revenue than allowed compared with the audit baseline.
Henry said the city took on roughly $927,000 in debt in the current fiscal year and that self-supporting water and sewer debt is paid through rates, leaving a comparatively modest ad valorem net debt (about $1.1M) to factor into the rate calculation. He told council he will finalize the tax-rate calculation and bring it back for review before publication.
