AGENDA CAPTION
Title
Consider adoption of an ordinance of the City of Denton, Texas, adopting the fiscal year 2025-2026 annual program of services (budget) and the capital improvement program of the City of Denton, Texas, for the fiscal year beginning on October 1, 2025 and ending on September 30, 2026; appropriating funds from available resources; ratifying all prior transfers made under the direction of the City Manager pursuant to Article VIII, Section 8.07 of the city charter of the City of Denton; requiring City Manager to file a copy of the budget with the City Secretary, Denton County Clerk and Texas Comptroller, and ensuring the record vote, budget and cover page is posted on the city’s website; and declaring an effective date.
TAXPAYER IMPACT STATEMENT
FISCAL YEAR 2025-26
This taxpayer impact statement is required by Government Code § 551.043(c) to be posted on the notice of a meeting at which a governmental body will discuss or adopt a budget for the governmental body.
This Taxpayer Impact Statement shows the median-value homestead property in the City of Denton, a comparison of the property tax bill in dollars pertaining to the property for the current fiscal year to an estimate of the property tax bill in dollars for the same property for the upcoming fiscal year.
Taxpayer Impact Statement FY 2025 FY 2026 FY 2026
Adopted No-New-Revenue Proposed
Tax Rate
Total tax rate (per $100 of value) $0.585420 $0.554279 $0.595420
Median homestead taxable value $379,836 $386,698 $386,698
Tax on average homestead $2,223.64 $2,143.39 $2,302.48
Difference to Current Year Tax Bill ($80.25) $78.84
Body