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Council proposes a $0.43070 FY2025/26 rate, equal to the voter-approval rate, 5-0
On August 26, 2025 the council voted 5-0 to approve the proposed tax rate item, on a motion by Councilmember David Prescott seconded by Councilmember Don Tipps. The staff memo said the City's proposed rate was equal to the voter-approval rate of $0.43070 and asked the council to set the tax-rate hearing for September 16. The current rate was $0.38723 and the no-new-revenue rate $0.37355. ABC7 estimated the increase at about $11 a month for the average homeowner.[1][2][3][4]
Cole StanleyTim ReidDon TippsDavid PrescottLes SimpsonLaura Storrs
What the sources say
- ✓ Verified
On August 26, 2025 the council voted 5-0 (Mayor Stanley; Councilmembers Tim Reid, Don Tipps, David Prescott, Les Simpson) to approve the proposed-tax-rate item, on a motion by Prescott seconded by Tipps. The minutes do not state the rate; the staff memo says "the City of Amarillo has a proposed rate that is equal to the VAR" and that staff had presented on August 5 a proposed 2025 rate "set equal to the voter-approval tax rate of $0.43070." [1][2]
- For
- 5
- Against
- 0
- Proposed rate per 100
- $0.43070 per $100
- ✓ Verified
ABC7 Amarillo: ABC7 reported that the August 26 action reflected the maximum increase state law allows without an election, estimated it at about $11 a month for the average homeowner, and put the average home value at just over $226,000. [4]
