Page 2 - CityofSouthlakeFY26AdoptedBudget
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City of Southlake, Texas
Fiscal Year 2025 - 2026
This adopted budget would raise more revenue from property taxes than last year’s
budget by an amount of $2,291,610 which is a 6.6 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 $421,859.
The members of the governing body voted on the budget as follows:
FOR: Mayor Shawn McCaskill
Mayor Pro Tem Randy Williamson
Deputy Mayor Pro Tem Kathy Talley
Councilmember Randy Robbins
Councilmember Austin Reynolds
AGAINST: Councilmember Frances Scharli
Councilmember Chuck Taggart
PROPERTY TAX RATE COMPARISON
2025 - 2026 2024 - 2025
Property Tax Rate: $0.295000/100 $0.305000/100
No-New Revenue Tax Rate: $0.274049/100 $0.305956/100
No-New-Revenue Maintenance & Operations Tax Rate: $0.222807/100 $0.254600/100
Voter-Approval Tax Rate: $0.364506/100 $0.385397/100
Debt Rate: $0.055000/100 $0.055000/100
The FY 2026 budget was adopted on September 16, 2025.
Ordinance 1296.
