October 1, 2026, through September 30, 2027 (FY27) and Consider and/or Act on an Ordinance adopting a budget for FY27. (Regarding item nos. 8. A. B. C. D. & E. below, the City provides the following information in compliance with Texas Government Code§551.043(c): (i) a copy of the City's proposed budget may be located at and website its of the home City's on page Taxpayer (ii) and https://www.murphytx.org/150/City-Budget, Impact Statement - For the median-valued homestead property a comparison of the current property tax bill in dollars pertaining to the property for the current fiscal year ("FY"), an estimate if the proposed budget is adopted for the upcoming FY, and an estimate of a balanced budget at the no-new-revenue tax rate for the upcoming FY is below: TAXPAYER IMPACT STATEMENT: Value of Median-valued Homestead Property in the County: $592,198; Property tax bill for the Current Fiscal Year ($0.357514): $2,036; Estimated Property Tax Bill for the upcoming Fiscal Year if the City adopts the Proposed Budget Estimated $2,143; ($.361832): Proposed Tax and Rate Property Tax Bill for the upcoming Fiscal Year if the City adopts the No-New-Revenue Tax Rate ($.348240): $2,062. Berna Fitzpatrick- Walker, CGFO, Finance Director Staff Report-(2148) - Pdf

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.1/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).