Cedar Park City Council on Aug. 7 voted to set the maximum tax rate for its next budget year at $0.36 per $100 of appraised property value.

The vote set the maximum tax rate the city could adopt under its budget that will be in effect from Oct. 1 until Sept. 30, 2026. The city can still adopt a lower tax rate than proposed, and the vote set two public hearings on the budget for Sept. 4 and Sept. 11.

The details

The city’s proposed FY 2025-26 budget currently accounts for $215.2 million, Interim Director of Finance Erica Solis said at the council meeting.

The general fund, which funds day to day operations, is set at $82.9 million. There’s $45 million in the city’s utility fund, and there’s $87.3 million in the restricted fund, which provides funding for special purposes in the city.

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