Consider adopting a resolution scheduling the adoption of the tax rate for 10:00 a.m

Presented in: Special Called City Council Meeting - August 17, 2026 on 2026-08-17

Staff Report & Agenda Item Details

Consider adopting a resolution scheduling the adoption of the tax rate for 10:00 a.m. nd on August 27, 2026. CITY OF TEMPLE - TAXPAYER IMPACT STATEMENT: Pursuant to section 551.043(c) of the Texas Government Code (the Texas Open Meetings Act) the City is providing the below table showing, for the median-valued homestead property, a comparison of the property tax bill in dollars pertaining to the property for the current fiscal year to an estimate of the property tax bill in dollars for the same property for the upcoming fiscal year if the proposed budget is adopted and a balanced budget funded at the no-new-revenue tax rate as calculated under Chapter 26, Tax Code, is adopted.* Description FY 2025- 2026 Adopted Tax Rate FY 2026- 2027 Proposed Tax Rate FY 2026- 2027 No-New- Revenue Rate Tax Rate per $100 Valuation $0.6999 $0.7200 $0.7541 Median Taxable Value Homestead $190,959 $190,512 $190,512 Estimated Annual Tax Bill $1,336.52 $1,371.69 $1,436.65 Pursuant to HB 1522, the proposed budget is available on the City's website for review at www.templetx.gov. * Calculations pending certification of the tax roll by the appraisal district Resolutions 2.