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Taxes (Truth-in-Taxation)
Truth-in-taxation is a concept embodied in the Texas Constitution that requires local taxing units to make taxpayers aware of tax rate proposals and to afford taxpayers the opportunity to limit tax increases. Property owners have the right to know about increases in their properties' appraised value and to be notified of the estimated taxes that could result from the new value. The type of taxing unit determines its applicable truth-in-taxation requirements.
Fiscal Year 2025-26 Budget Calendar and Information
2025 Tax Rate Calculation Worksheet
2025 Notice of Public Hearing on Budget
2025 Notice of Public Hearing on Tax Rate
2025 Ordinance of Adopted Budget
Completed | Date | Budget Step |
✔ | June | Budget work session with City Council - Public Safety and Public Works |
✔ | June | Budget work session with City Council - Administration, HR/Comms, Finance, IT, City Secretary and Shared |
✔ | July | Budget work session with City Council - Municipal Court and Utilities |
✔ | July 25 | Chief Appraisers deliver certified rolls or certified estimates to taxing units and certification of anticipated collection rate by tax collector. (Tax Code Sec. 26.01 a-1) |
✔ | August 7 | City Manager submits the No-New Revenue and Voter Approval rates to City Council. (Tax Code Sec 26.04(e)).
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✔ | August 7 | City Council confirms maximum proposed tax rate (if proposed tax rate exceeds the voter approval rate). If the maximum proposed rate exceeds the voter approval rate or the No-New Revenue Rate (whichever is lower), Council takes a record vote. (Tax Code Sec 26.06 (b-2). City Council schedules one public hearing on the budget (LGC 102.006a-b) and one public hearing on the tax rate (Tax Code Sec. 26.05(d); (Tax Code Sec 26.06) |
✔ | August 18 | City Manager files budget with City Secretary (LGC 102.005a). City Secretary ensures the proposed budget is available on the website and available for inspection at City Hall (LGC 102.005c) |
✔ | September 15 | Public Hearing for Proposed Budget and Public Hearing on the Proposed Tax Rate. Council Meeting for the First Reading of Budget and Tax Rate Ordinances is held. |
✔ | September 18 | Second Reading of ordinances, adoption of the Budget and Tax Rate. |
FY 2024-25 Budget and Tax Rate Documents
2024 Tax Rate Calculation Sheet
2024 Notice of Meeting to Vote on on Tax Rate
2024 Notice of Public Hearing on Budget
2024 Ordinance of Adopted Budget
2024 Ordinance of Adopted Tax Rate
FY 2023-24 Budget and Tax Rate Documents
2023 Tax Rate Calculation Sheet
2023 Notice of Public Hearing on Tax Rate
2023 Notice of Public Hearing on Budget
2023 Ordinance of Adopted Budget
2023 Ordinance of Adopted Tax Rate
FY 2022-23 Budget and Tax Rate Documents
2022 Tax Rate Calculation Sheet
2022 Notice of Public Hearing on Tax Rate
2022 Notice of Public Hearing on Budget
2022 Ordinances of Adopted Tax Rate/Budget
FY 2021-22 Budget and Tax Rate Documents
2021 Tax Rate Calculation Sheet
2021 Notice of Public Hearing on Tax Rate
2021 Notice of Public Hearing on Budget
2021 Ordinances of Adopted Tax Rate/Budget
FY 2020-21 Budget and Tax Rate Documents
2020 Tax Rate Calculation Sheet
2020 Notice of Public Hearing on Tax Rate
2020 Notice of Public Hearing on Budget
2020 Ordinance of Adopted Tax Rate/Budget
FY 2019-20 Budget and Tax Rate Documents
2019 Tax Rate Calculation Sheet
2019 Notice of Public Hearing on Tax Rate
2019 Notice of Public Hearing on Budget
2019 Ordinance of Adopted Tax Rate/Budget
Fiscal year 2020-21 was the first budget year that the Texas Property Tax Reform and Transparency Act of 2019 (S.B. 2) was in effect. For more information about this act and its impact on the budget and tax rate setting process, visit the Texas Comptroller's website and Truth in Taxation resources.
Fair Oaks Ranch Governing Body Information can be found here:
https://www.fairoaksranchtx.org/63/City-Council
https://www.fairoaksranchtx.org/285/Mayor
Other Helpful Links:
Comal Appraisal District
Comal County Truth in Taxation Website
Kendall Appraisal District
Bexar Appraisal District