FULSHEAR — City Council unanimously approved an $87.5 million budget for fiscal year 2025-26 and set a tax rate of $0.167903 per $100 valuation, dramatically reducing a proposed 23.51% tax increase to 3.74%.
The Sept. 2 decision came after council postponed budget adoption in August amid taxpayer concerns over the original proposal, which would have raised the tax rate to $0.199901 per $100 valuation.
Dramatic Rate Reduction…