Amarillo City Council
Agenda — 7 items
- <span style='margin:0in;font-size:16px;font-family:"Times New Roman",serif;'><strong><span style="font-size:32px;">Consideration of Ordinance No. 8271 Approving the City of Amarillo Tax Roll, Setting an Ad Valorem Property Tax Rate and Levying a Tax on all Property Subject to Taxation within the City for the 2026 Tax Year. </span></strong><span style="font-size:32px;">This is the second and final reading of an ordinance approving the City of Amarillo tax roll, setting an ad valorem property tax rate and levying a tax on all property subject to taxation within the City for the 2026 tax year. This ordinance establishes an ad valorem tax rate of $0.32412 per $100.00 property valuation for City maintenance and operations expenses and $0.10658 per $100.00 property valuation for existing debt expenses resulting in a total ad valorem rate of $0.43070 per $100.00 property valuation. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 2.9 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $9.00.
- <p style='margin:0in;font-size:16px;font-family:"Arial",sans-serif;color:black;text-align:justify;'><u><strong>RATIFICATION – CITY OF AMARILLO TAX RATE AND BUDGET</strong></u><strong>:</strong></p><p style='margin:0in;text-align:justify;font-size:16px;font-family:"Arial",sans-serif;'><strong>Pursuant to the terms of Tex. Loc. Gov. Code, Sec. 102.007(c), the City Council is required to take a separate ratification vote on the tax rate when the adopted budget requires more property tax revenue than did the previous year’s budget.
- <strong>Consideration of Resolution No. 09-22-26-3. This item is the second and final reading to consider a resolution approving the proposed operating budget for the fiscal year 2026-2027 for Amarillo-Potter Events Venue District.
- <strong>Consideration of Resolution No. 09-22-26-2. This item is the second and final reading to consider a resolution approving the proposed operating budget for the fiscal year 2026-2027 for South Gateway Tax Increment Reinvestment Zone No. 3.
- <p style='margin:0in;text-align:justify;font-size:16px;font-family:"Arial",sans-serif;'><span style="font-size:24px;"><strong>PUBLIC HEARING ON TAX INCREASE:</strong></span></p><p style='margin:0in;font-size:15px;font-family:"Calibri",sans-serif;text-align:justify;'><strong><span style="font-size:21px;">THE CITY OF AMARILLO IS CONSIDERING A TAX RATE OF $0.43070, WHICH IS GREATER THAN THE CURRENT RATE. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 2.9 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $9.00.
- Public Comment - The public will be permitted to offer public comment on agenda items and items related to City business. Citizens interested in commenting may sign up online at https://www.amarillo.gov/city-secretary/public-comment-registration-form/, by calling the City Secretary’s office at (806) 378-3014, or in person in Room 3500 of City Hall, 623 S. Johnson. Citizens should sign up at least 15 minutes prior to the scheduled meeting start time.
- <span style='margin:0in;font-size:16px;font-family:"Times New Roman",serif;'><strong><span style="font-size:24px;">Consideration of Ordinance No. 8270. </span></strong><span style="font-size:24px;"> This item is the second and final reading of an ordinance adopting the City of Amarillo budget for the 2026/2027 fiscal year. This budget allows for the City to continue providing effective public services, programs and assistance to Amarillo residents in the upcoming year. TAXPAYER IMPACT STATEMENT (Pursuant to Tex. Gov’t. Code Sec. 551.043 as amended by HB 1522, effective September 1, 2025.) A copy of the 2026/2027 City of Amarillo Proposed Budget can be found on the city’s website https://www.amarillo.gov/finance/financial-information/ Taxpayer Impact Statement - Randall CountyFY2025/26 Current Year Tax RateFY2026/27 Proposed Tax RateFY2026/27 No-New-Revenue Tax RateCity of Amarillo Total Tax Rate$0.43070$0.43070$0.42170Median Value Homestead Property$245,883$249,956$249,956Median Value Homestead Property Tax Bill$1,059.02$1,076.56$1,054.06Difference to Current Year Tax Bill $17.54-$4.95 Taxpayer Impact Statement - Potter CountyFY2025/26 Current Year Tax RateFY2026/27 Proposed Tax RateFY2026/27 No-New-Revenue Tax RateCity of Amarillo Total Tax Rate$0.43070$0.43070$0.42170Median Value Homestead Property$142,107$155,852$155,852Median Value Homestead Property Tax Bill$612.05$671.25$657.23Difference to Current Year Tax Bill $59.20$45.17
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