Page 4 - CityofKennedaleFY26AdoptedBudget

City of Kennedale

Fiscal Year 2025/2026
THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN

LAST YEAR’S BUDGET BY $103,959.45 OR 1.22% AND, OF THAT

AMOUNT, $63,518.64 IS TAX REVENUE TO BE RAISED FROM

NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.

CITY COUNCIL RECORD VOTE
The members of the governing body voted on adoption of the budget as follows:

For: David Glover, Thelma Kobeck, Kenneth Michels, Jeff Nevarez
Against: None
Present and Not Voting: Brad Horton
Absent: None
MUNICIPAL PROPERTY TAX RATES
The municipal property tax rates for the preceding fiscal year, and each municipal
property tax that has been adopted or calculated for the current fiscal year,
include:

Tax Rate FY25 Adopted FY26 Adopted
Property Tax Rate $0.706190/100 $0.696190/100
No-New-Revenue Tax Rate $0.686241/100 $0.687818/100
No-New-Revenue Maintenance & Operations Rate $0.491025/100 $0.502334/100

Voter Approval Tax Rate $0.727523/100 $0.745716/100
Debt Rate $0.195216/100 $0.213117/100
Maintenance & Operations Tax Rate $0.510974/100 $0.483073/100
De Minimus Rate $0.735474/$100 $0.763635/100
MUNICIPAL DEBT OBLIGATIONS
The total amounts of outstanding municipal debt obligations
(including principal and interest) secured by property taxes is

$33,144,167.

This cover page and the information it contains are included with the adopted budget as required by Section
102.007 of the Texas Local Government Code.

CITYOFKENNEDALE.COM/FINANCE 3