General

Agenda — 1 item

1. Taxpayer Impact StatementPursuant to Texas Government Code 551.043(c)(2), the City of Huntsville provides the following comparison for the median-valued homestead property. This statement shows the estimated annual property tax bill for a median-valued homestead in Huntsville, comparing the current tax rate, the no-new-revenue rate, the proposed tax rate and the maximum tax rate options. Fiscal Year 2026 Adopted BudgetFiscal Year 2027 Budget Voter Approved Tax RateFiscal Year 2027 Budget No-New Revenue RateFiscal Year 2027 Budget at Proposed Tax RateTotal Tax rate (per $100 of value)$0.3475$0.3790$0.3506$0.3775Median homestead taxable value$253,909$249,790$249,790$249,790Tax on Median homestead$882.33$946.70$875.76$942.96Change From Prior Year$64.37 or 7.3%($6.57) or (1.0%)$60.62 or 6.9%Proposed Budget A copy of the Proposed Budget is available in the City Secretary's Office at City Hall and online at https://www.huntsvilletx.gov/193/Budget

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