2025-O-166
Final reading of ordinance of the City of Laredo, Texas adopting the proposed annual budget for Fiscal Year 2025-2026, by appropriating the revenues, expenditures and balances reported therein for the year beginning October 1, 2025, and ending September 30, 2026, consistent with the financial plan described in said annual budget (see exhibit “A”), motions approved by city council at public workshop (see exhibit “B”) and holiday schedule for FY2025-2026 (see exhibit “C”) authorizing the city manager to implement said annual budget (as amended) The taxpayer impact statement as required by House Bill No. 1522 is as follows: FISCAL YEAR FISCAL YEAR 2024-2025 2025-2026 DESCRIPTION CURRENT YEAR PROPOSED ------------------------------------------------------------------------------------------------------- Total Tax Rate (per $100 of value) $0.507623 $0.506090 Median Homestead Taxable Value $182,335 $194,727 Tax on Median Homestead $925.57 $985.49
- Committee
- City Council
- Requested by
- Budget
- Introduced
- August 21, 2025
- On agenda
- September 15, 2025