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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

Final Readings Passed Introduced August 24, 2026
Committee
City Council
Requested by
Tax
Introduced
August 24, 2026
On agenda
September 21, 2026
Passed
September 21, 2026

Where it was heard

City Council Sep 21, 2026 approve Pass

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