As West University Place City Council and staff are preparing to adopt their fiscal year 2025-26 budget and tax rate during the upcoming Sept. 22 City Council meeting, they will host a public workshop before budget adoption in the first week of September.
What you need to knowThe workshop will take place at 9 a.m. Sept. 2 at the Municipal Building located at 3800 University Blvd. in West University Place. Attendees are invited to learn about the city’s budget, including finances for the city’s tax rates, general fund and capital improvement program.
The public can attend in person or via Zoom. More information can be found on the city website here.
Some context
West U's 2025 taxable property value is projected at $8.99 billion, a 6.28% increase from last year, according to city officials.
The proposed 2025 property tax rate City Council unanimously approved for potential adoption Aug. 11 was a 3.5% increase over the no-new-revenue rate, at $0.229441 per $100 of home valuation, according to agenda documents, which means the city is proposing to increase property taxes for the upcoming tax year.
Going forward
After the budget workshop Sept. 2 and before budget adoption Sept. 22, city officials will also hold public hearings for both the FY 2025-26 budget and tax rates at 6:30 p.m. Sept. 15 at the city's municipal building.
