2026-O-174
An Ordinance of the City of Laredo, providing for the adoption of a tax rate of $0.506080 per $100.00 of value for Tax Year 2026. This tax rate will have a Maintenance and Operations rate of $0.380253 per $100 of Value and an Interest and Sinking Fund Rate of $0.125827 per $100 of Value for the levy and the collection of General and Special Ad Valorem taxes for the City of Laredo in the amount of $140,577,516 for Tax Year 2026 and Fiscal Year 2026-2027. Taxpayer Impact Statement (Required by HB 1522): FISCAL YEAR FISCAL YEAR 2025-2026 2026-2027 DESCRIPTION CURRENT YEAR PROPOSED ------------------------------------------------------------------------------------------------------- Total Tax Rate (per $100 of value) $0.506090 $0.506080 Median Homestead Taxable Value $194,727 $209,899 Tax on Median Homestead $985.49 $1,062.26
- Committee
- City Council
- Requested by
- Tax
- Introduced
- August 24, 2026
- On agenda
- September 21, 2026
- Passed
- September 21, 2026
Where it was heard
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