Resolution to consider a proposed ad valorem tax rate of no more than $0.599774 per $100 valuation for Fiscal Year (FY) 2027, also being Tax Year 2026, and taking a record vote; setting the date for the City’s proposed FY 2027 budget and proposed FY 2027 ad valorem tax rate public hearings and first reading ordinances on September 1, 2026, with adoption of the FY 2027 budget and FY 2027 ad valorem tax rate on September 8, 2026.

Staff Report & Agenda Item Details

Director of Finance and Procurement Sergio Villasana presented information on the following topics: truth in taxation definitions; truth-in-taxation actions; 2026 tax rate calculations; and recommendation. Mayor Pro Tem Paxson opened the public hearing. There were no comments from the Council or the public. Mayor Pro Tem Paxson closed the public hearing. Council Member Campos moved to approve the resolution, seconded by Council Member Barrera. This Resolution was passed and approved with the following vote:

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 9.2/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.