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
Discuss Fiscal Year 2026 Proposed Budget.
Body
BACKGROUND:
The Fiscal Year 2026 Proposed Budget was distributed to Council on July 31, 2025. Work sessions were held on August 5 and August 19, 2025, to provide Council opportunities to discuss the Proposed Budget and the Proposed Tax Rate, and program available funding. Council provided direction throughout the previous work sessions and an updated, balanced budget that has been provided for adoption. A copy of the updated budget has been posted as required by state statute and online at: https://www.cityofcarrollton.com/departments/departments-a-f/finance/budget
This work session provides Council with an overview of the budget for adoption and a review of the proposed tax rate changes. Separate items are included on the regular meeting agenda for the vote to approve and ratify the tax rate and to host public hearings on the budget and the proposed tax rate. The City provided legal notices required by law with the proposed tax rate of 53.8750 cents per $100 in valuation, however the budget includes a reduced tax rate of 53.750 cents per $100 in valuation.