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File #: 7347    Version: 1 Name: Conduct A Public Hearing On The Proposed 2025 Property Tax Rate And Proposed Operating And Capital Budget For The Fiscal Year October 1, 2025 Through September 30, 2026
Type: Public Hearing Status: Public Hearing/Individual Consideration
File created: 8/27/2025 In control: City Council
On agenda: 9/9/2025 Final action:
Title: Conduct A Public Hearing On The Proposed 2025 Property Tax Rate And Proposed Operating And Capital Budget For The Fiscal Year October 1, 2025 Through September 30, 2026.
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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CC MEETING: September 9, 2025

 

DATE: AUGUST 27, 2025

 

TO: Erin Rinehart, City Manager

 

FROM: Melissa Everett, Finance Director

               Diana Vaughn, Chief Financial Officer

               Chrystal Davis, Assistant City Manager

 

Title

Conduct A Public Hearing On The Proposed 2025 Property Tax Rate And Proposed Operating And Capital Budget For The Fiscal Year October 1, 2025 Through September 30, 2026.

 

Body

BACKGROUND:

The Proposed Budget was distributed to Council on July 31, 2025 and a Council work session was held August 5, 2025, at which staff presented the Proposed Budget. An additional Council work session was conducted on August 19, 2025, to provide Council the opportunity to deliberate and provide guidance to staff for the finalization of the Proposed Budget.  The Public Hearing on the Proposed Budget and Proposed Tax Rate was scheduled for September 9, 2025.  Required publication of the tax rates and public hearing dates were advertised in the Dallas Morning News on August 29, 2025.  The Proposed Budget and Proposed Tax Rate are to be presented to Council for adoption on September 9, 2025.

 

STAFF RECOMMENDATION/ACTION DESIRED:

Hold a Public Hearing on September 9, 2025, on the proposed tax rate for Tax Year 2025 and the proposed budget for Fiscal Year 2026. Any changes resulting from citizen input could be considered and incorporated into the budget that night, prior to the approval of the budget during the regular meeting.