(First Reading) Consider approval of an Ordinance of the City of Kyle adopting the ad
Executive Summary & Impact
(First Reading) Consider approval of an Ordinance of the City of Kyle adopting the ad valorem tax rate (property tax rate) of $0.5600 per $100 of taxable assessed valuation for Tax Year 2026 or Fiscal Year 2026-27, which consists of a maintenance and operations (M&O) tax rate of $0.3687 per $100 of taxable assessed valuation and an interest and sinking (I&S) tax rate of $0.1913 per $100 of taxable assessed valuation, each of which is separately approved; providing for the levy of ad valorem taxes for use and support of the municipal government of the City of Kyle for the Fiscal Year 2026-27 beginning October 1, 2026 and ending September 30, 2026; providing for apportioning each tax levy for specific purposes; providing when ad valorem taxes shall become due and when same shall become delinquent if not paid. (RELATED AGENDA ITEM 4 OF 5 & ROLL CALL VOTE IS REQUESTED)
Legislative Enactment & Roll-Call History
Official Legal Text & Codified Sections
OFFICIAL LEGISLATIVE RECORD — CITY OF KYLE Instrument / Docket Number: Ord. 2026-4 (Agenda Item 4) Meeting: City Council Special Meeting - September 05, 2026 Date Enacted: 2026-09-05 Roll-Call Outcome: PASSED (7 YES - 0 NO) Category: Municipal Ordinance VERBATIM DOCKET TEXT & SUMMARY: (First Reading) Consider approval of an Ordinance of the City of Kyle adopting the ad valorem tax rate (property tax rate) of $0.5600 per $100 of taxable assessed valuation for Tax Year 2026 or Fiscal Year 2026-27, which consists of a maintenance and operations (M&O) tax rate of $0.3687 per $100 of taxable assessed valuation and an interest and sinking (I&S) tax rate of $0.1913 per $100 of taxable assessed valuation, each of which is separately approved; providing for the levy of ad valorem taxes for use and support of the municipal government of the City of Kyle for the Fiscal Year 2026-27 beginning October 1, 2026 and ending September 30, 2026; providing for apportioning each tax levy for specific purposes; providing when ad valorem taxes shall become due and when same shall become delinquent if not paid. (RELATED AGENDA ITEM 4 OF 5 & ROLL CALL VOTE IS REQUESTED)