Page 1 - CityofSaginawFY26Budget
P. 1

Filed
                                                                                           Tarrant County Clerk

                                                                                              9:54 am, Oct 06 2025

                                                                                          Mary Louise Nicholson
                                                                                               County Clerk

                                             CITY OF SAGINAW                           by          ngorena
                                       FISCAL YEAR 2025-2026
                                         BUDGET COVER PAGE

                                              AUGUST 12, 2025


        THIS  BUDGET  WILL  RAISE  MORE  REVENUE  FROM  PROPERTY  TAXES
        THAN  LAST  YEAR'S  BUDGET  BY  AN  AMOUNT  OF  $968,886,  WHICH  IS  A
        6.11  PERCENT  INCREASE  FROM  LAST  YEAR'S  BUDGET.  THE  PROPERTY
        TAX  REVENUE  TO  BE  RAISED  FROM  NEW  PROPERTY  ADDED  TO  THE
        TAX ROLL THIS YEAR IS $127,399.


        The members of the governing body voted on the budget as follows:

        FOR:               Mayor Todd Flippo                        Mayor Pro-Tem Paul Felegy
                           Councilmember Nicky Lawson               Councilmember Valerie Junkersfeld
                           Councilmember Brack St Clair             Councilmember Shawn Morrison
                           Councilmember Mary Copeland

        AGAINST:           None

        PRESENT AND
        NOT VOTING:        None


        ABSENT:            None



                     Property Tax Rate Comparison                    2025-2026                2024-2025



               Property Tax Rate                                   $0.529649/100           $0.493747/100



               No-New Revenue Tax Rate                             $0.498596/100           $0.490414/100


               No-New Revenue Maint. & Oper. Tax Rate              $0.278982/100           $0.259206/100



               Voter-Approval Tax Rate                             $0.529649/100           $0.481669/100



               Debt Rate                                           $0.223897/100            $0.218417/100

            Total debt obligation estimate for City of Saginaw secured by property taxes: $130,187,519.
            The total debt obligation estimate  due for FY2025/2026 is $7,526,451.
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