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Financial Transparency
Texas cities can levy both local property and sales taxes to fund police and fire departments, hospitals, libraries, parks, utilities, economic development and other public services.  The City of Nolanville is seeking to exceed standards set by the Transparency Stars Program administered by the Texas State Comptrollers Office.

 

Annual Budget Fiscal Year 2025-2026

City Council filed the FY 25-26 Annual Budget with the City Secretary on August 7, 2025. 

  

City Council filed the FY 25-26 Annual Budget with the City Secretary on August 7, 2025.  

Public Hearing for Budget & Tax Rate, Adopt Budget and Proposed Tax Rate is September 4th, 2025 at 6 PM 

City Council Vote to Ratify Tax Rate is September 4th, 2025 at 6 PM

Meeting location is Nolanville City Hall, 101 North 5th Street, Nolanville Texas  76559

 

 

FY 25-26 Calculated Rates

No New Revenue Total Tax Rate: .5262

Voter Approval Total Tax Rate:     .5383

Di minimis Total Tax Rate:  .6165

Voter Approval M&O Rate:      . 4585

Interest & Sinking Rate:            .0798

Maintenance & Operations (M&O) Tax Rate is the tax rate that is needed to raise the same amount of taxes that the taxing unit levied in the prior year plus the applicable percentage by law.  The rate accounts for such things as salaries, utilities and day-to-day operations.

Interest & Sinking (I&S) pays debt service for Capital Improvements.

This budget will raise more revenue from property taxes than last year's budget by an amount of $305,496, which is a 11.91% percent increase from last year's budget.  The property tax revenue to be raised from new property added to the tax roll this year is $321,994.

Click Here to view required Notice on Property Tax Rate.

Notice of Calculated Tax Rates

Original Filed Budget FY 25-26

Budget and Tax Rate Briefing presented 8.7.2025

Revised Budget Approved and Proposed Tax Rate 9.4.2025

 

Texas cities can levy both local property and sales taxes to fund police and fire departments, hospitals, libraries, parks, utilities, economic development and other public services.  The City of Nolanville is seeking to exceed standards set by the Transparency Stars Program administered by the Texas State Comptrollers Office.

 

Annual Budget Fiscal Year 2025-2026

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