Round Rock City Council approved its final fiscal year 2025-26 budget, as well as a property tax rate increase, at its meeting Sept. 11.

The details

The $789.7 million budget is supported by a property tax rate of $0.372 per $100 valuation. A 6.9% increase over the no-new-revenue rate, the median homeowner can expect to pay $123 per month on their property tax bill.

This is approximately $7.88 more per month compared to the last fiscal year. Residents can calculate their individual bill estimate here.

The breakdown

The budget can be broken down into:

• $188.7 million for the general fund
• $418.7 million for the community investment program, or CIP
• $182.3 million for special revenue funds like hotel occupancy tax and Type B sales tax revenue

Digging deeper

Round Rock’s FY 2025-56 budget will allow the city to fund:

• 17 new public safety positions
• $161.7 million in roadway expansion projects
• $33.8 million in utilities and stormwater infrastructure upgrades
• $4.3 million in neighborhood street maintenance

The budget will also support progress for capital improvement projects included in the 2023 voter-approved bonds. Fire Station 10 has an estimated completion date of fall 2026, and both Fire Station 11 and the second phase of the Public Safety Training Center are in the design phase.

Construction is also ongoing at Old Settlers Park and the Round Rock Sports Center, and the Town Green project will begin construction this fiscal year.

Residents can learn more about the budget here.