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 Notice

2025 Tax Rate Calculation Worksheet

2025 Certified Totals

2025 Notice of Public Hearing on Budget

2025 Notice of Public Hearing on Tax Rate

2025 Ordinance of Adopted Budget

2025 Ordinance of Adopted Tax Rate

FY 2025-26 Adopted Budget

FY 2025-26 Budget in Brief


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)). 


Finance posts the calculated no-new-revenue tax rate and voter approval tax rate, along with certain debt information on the home page of the City's website using form prescribed by comptroller (Tax Code Sec 26.04 (e))

August 7City 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

2024-25 Adopted Budget

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

2023-24 Adopted Budget

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

2022-23 Adopted Budget

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

2021-22 Adopted Budget

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

2020-21 Adopted Budget

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

2019-20 Adopted Budget

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