Home > Departments > Performance & Budget Department > Budget & Analysis

FY2017 Budget

This budget will raise more total property taxes than last year's budget by $30,932,727 or 7.3 percent, and of that amount $13,632,484 is tax revenue to be raised from new property added to the tax roll this year.

The amounts above are based on the city's adopted fiscal year 2016-2017 tax rate of $0.8350 per $100 of assessed valuation. The city's fiscal year 2015-2016 tax rate was $0.8550 per $100 of assessed valuation.

City Council Record Vote

The members of the governing body voted on the adoption of the budget, excluding the General Fund allocation for the Police Department as follows:

For: Mayor Betsy Price, Mayor Pro tem Sal Espino, Councilmembers Zim Zimmerman, Cary Moon, Gyna Bivens, Jungus Jordan, Dennis Shingleton, Kelly Allen Gray and Ann Zadeh

Against: None

Present but abstained from voting: None

Absent: None

The members of the governing body voted on the adoption of the budget General Fund allocation for the Police Department as follows:

For: Mayor Betsy Price, Mayor Pro tem Sal Espino, Councilmembers Zim Zimmerman, Cary Moon, Gyna Bivens, Jungus Jordan, Dennis Shingleton, and Ann Zadeh.

Against: None

Present but abstained from voting: Councilmember Kelly Allen Gray

Absent: None

Municipal Property Tax Rates

The municipal property tax rates for the preceding fiscal year, and each municipal property tax rate that has been adopted or calculated for the current fiscal year, include:

Tax Rate Adopted FY2015-16 Adopted FY2016-17
Property Tax Rate $0.855000 $0.835000
Effective Tax Rate 0.892253 0.814481
Effective Maintenance and Operations Tax Rate 0.697666 0.688551
Rollback Tax Rate 0.932579 0.887107
Debt Rate 0.179100 0.173500

Municipal Debt Obligations

The total amount of outstanding municipal debt obligations (including principal and interest) secured by property taxes is $997,301,311.

This cover page and the information it contains are included with the adopted budget as required by Section 102.007 of the Texas Local Government Code. View a pdf of this cover page.