The Horseshoe Bay City Council adopted the 2025-26 fiscal year budget and tax rate during its Sept. 16 meeting. While the tax rate is unchanged, more money is coming in due to rising property values and new construction, and city spending increased significantly over the 2024-25 fiscal year.

TAX RATE

Horseshoe Bay’s property tax rate for 2025-26, which starts Oct. 1, is $0.26775 per $100 property valuation, the same as the past two fiscal years. However, the new rate will raise about 5.25 percent more in revenue, or $563,153, than last year due to a rise in assessed property values and new construction in the city.

According to the 2025-26 budget, the rate will bring in about $11.75 million in property tax revenue. From that, $8.3 million will go into the general fund and $3.1 million w

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