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Sep 16, 2025 · Related development

FY2025/26 budget (Ordinance 8218) adopted and ratified; first reading 4-0, final votes 5-0

Ordinance No. 8218 adopted the City budget for October 1, 2025 through September 30, 2026. It passed first reading 4-0 on September 9, with Councilmember David Prescott absent, and second reading 5-0 on September 16, 2025; the ratification vote passed 5-0. The hearing notice said the budget would raise $8,475,975 (11.77%) more from property taxes, $1,245,224 of it from new property. The budget book puts the budget at about $557 million, 11.6% above FY2024/25. The taxpayer impact statements read with the budget put the median Randall County homestead's City tax at $1,059.02, up $106.89.^[1]^[2]^[3]

Cole Stanley Tim Reid Don Tipps David Prescott Les Simpson Laura Storrs

What the sources say

✓ Verified
Ordinance No. 8218 passed first reading 4-0 on September 9, 2025 (Mayor Stanley; Councilmembers Reid, Tipps, Simpson; Councilmember Prescott absent), on a motion by Tipps seconded by Simpson. It passed second reading 5-0 on September 16, 2025 on a motion by Reid seconded by Tipps, and the ratification vote passed 5-0 on a motion by Prescott seconded by Reid. ^[1]^[2]
✓ Verified
The taxpayer impact statements in the budget items (citing Tex. Gov't Code 551.043 as amended by HB 1522, effective September 1, 2025) compare the $0.38723 current rate, the $0.43070 proposed rate and the $0.37355 no-new-revenue rate. For the median Randall County homestead ($245,883) the City tax goes from $952.13 to $1,059.02 (+$106.89); for the median Potter County homestead ($142,107), from $550.28 to $612.05 (+$61.77). ^[1]^[2]
Randall median value
$245,883
Randall change
$107
Potter median value
$142,107
Potter change
$62
✓ Verified
The FY2025/26 budget book puts the budget at about $557 million ($381.4 million operations and maintenance, $108.9 million capital, $66.7 million debt service), an increase of 11.6% or $57.7 million over the $499.3 million FY2024/25 budget. ^[3]
Amount
$557,000,000
Change
$57,700,000
Change
11.6%