City of Olney Home Rule Charter (PART I - CHARTER)
Official Home Rule Charter of City of Olney Home Rule Charter (PART I - CHARTER) hosted on Municode Library.
OFFICIAL HOME RULE CHARTER — City of Olney Home Rule Charter (PART I - CHARTER)
Source Repository: https://library.municode.com/tx/olney/codes/code_of_ordinances?nodeId=PTICH
Last Codified Supplement: 2024-01-18
FY 2027 Adopted Budget ($4,441,999) and Adopted Property Tax Rate ($0.765223 per $100 valuation: $0.765223 M&O + $0.000000 I&S) for City of Olney. Source: Young County Truth-in-Taxation 2026 Adopted Tax Rate Registry.
Total Appropriation
$4.4M
General Fund
$2.3M
Debt Service (I&S)
$1.1M
Capital Projects
$0.3M
Per Capita
$1,471
Public Safety:$1.2M (26%)
0
Public Works:$1.0M (22%)
Parks & Culture:$0.2M
Administration:$0.4M
Adopted Tax Rate:$0.765223 / $100
FY 2026 ADOPTED+5.4% YoYFreedom Score: 51.8 (D)• Adopted Sep 14, 2026FY 2026 Adopted Municipal Budget (Ord. 2026-6) — City of Olney
Official FY 2024 (2023–2024) Adopted Operating & Debt Service Budget for City of Olney (Young County) totaling $3,856,514. Certified 2023 Tax Year ad valorem property tax rate: $0.9782 per $100 taxable valuation.
Total Appropriation
$3.9M
General Fund
$1.9M
Debt Service (I&S)
$1.0M
Capital Projects
$0.2M
Per Capita
$1,277
Public Safety:$1.0M (25%)
0
Public Works:$0.8M (21%)
Parks & Culture:$0.2M
Administration:$0.3M
Adopted Tax Rate:$0.978221 / $100
FY 2023 ADOPTED+5.7% YoYFreedom Score: 52.9 (D)• Adopted Sep 10, 2022FY 2023 (2022–2023) Adopted Municipal Budget — City of Olney
Official FY 2023 (2022–2023) Adopted Operating & Debt Service Budget for City of Olney (Young County) totaling $3,679,879. Certified 2022 Tax Year ad valorem property tax rate: $0.6856 per $100 taxable valuation.