Page 2 - CITY OF WATAUGA, TEXAS ANNUAL BUDGET PORTRAIT
P. 2

City of Watauga                                          Filed
                                                                                               Tarrant County Clerk
                                       Fiscal Year 2025-2026                                     3:06 pm, Oct 03 2025


                                                                                               Mary Louise Nicholson
                                                                                                   County Clerk
                                                                                            by        ngorena


                                          Budget Cover Page





           This budget will raise less revenue from property taxes than last

          year's budget by an amount of $-20,835, which is a -0.19 percent

           decrease from last year's budget. The property tax revenue to be

                raised from new property added to the tax roll this year is

                                                       $115,499.





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

        FOR:

        AGAINST:

        PRESENT and not
        voting:

        ABSENT:



        Property Tax Rate Comparison

                                                                     2025-2026                 2024-2025
            Property Tax Rate:                                       $0.570200/100             $0.570200/100
            No-New-Revenue Tax Rate:                                 $0.575688/100             $0.540097/100
            No-New-Revenue Maintenance & Operations Tax
        Rate:                                                        $0.365613/100             $0.341309/100
            Voter-Approval Tax Rate:                                 $0.556950/100             $0.576204/100
            Debt Rate:                                               $0.178541/100             $0.209149/100


        Total debt obligation for City of Watauga secured by property taxes:

        $56,093,000, of which $19,940,000 is self-supported debt and paid by utility

        rate revenues.


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