Public Hearing and Introductory Ordinance for the adoption of a tax rate of $0.506080 per $100.00 of value for Tax Year 2026. The tax rate will provide revenue for the general fund and debt service. The rate includes $0.380253 per $100 of value for Maintenance and Operation and $0.125827 per $100 of value for the Interest and Sinking Fund of the Debt Service and is estimated to generate a tax levy of $140,577,516. The City Council is scheduled to vote on the tax rate on September 21, 2026, at 5:30 P.M. at City of Laredo, Council Chambers, 1110 Houston St., Laredo, Texas 78040. 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 11, 2026

On agenda

September 14, 2026

Where it was heard

City Council Sep 14, 2026 close and introduce Pass

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