(Seguin) — The Seguin City Council will hold public hearings on the proposed budget and tax rate for the coming fiscal year during its meeting at 5:30 p.m. today at Seguin City Hall. The new fiscal year begins October 1.
The council has already been working through the budget process. A recent workshop gave staff an opportunity to present their proposed fiscal year 2025-26 operating budget of just over $136 million. That’s about $12 million more than last year’s $124.7 million plan.
City Manager Steve Parker says the proposal reflects both new positions and additional investments in departments like police, fire and other city services. Even with those increases, Parker says staff worked hard to keep overall expenses in check.
Parker noted that Seguin’s rapid growth remains a key challenge. He says city leaders must balance the current demand for services with the need to prepare for future growth.
The general fund, which covers police, fire, and parks, totals $57.2 million. That portion of the budget is primarily funded by property taxes. The proposed property tax rate for the new fiscal year is 51.35 cents per $100 valuation — slightly higher than the current tax rate of 51.25 cents. The proposed tax rate figure represents the “No-New-Revenue” rate, meaning it would generate the same overall property tax revenue as the previous year when adjusted for new appraised values.