Fair Oaks Ranch has set its fiscal 2027 property-tax proposal at $0.31176 per $100 of taxable value, giving residents a firm rate to compare before the city’s September hearing.
Council approved the proposed rate 4-0 on Aug. 6 and scheduled a combined budget and tax-rate hearing for 6:30 p.m. Sept. 17. The recorded action sets the city’s proposal; final adoption remains ahead.
The vote supplies the figures that were pending when Comal.News first examined the city’s tax-rate ceiling. Residents can now place the proposal between both state-calculated reference rates.
Where does Fair Oaks Ranch’s proposed tax rate sit between its state-calculated limits?
Fair Oaks Ranch voted 4-0 to propose a fiscal 2027 property-tax rate of $0.31176 per $100 of taxable value.
The proposed rate is higher than the $0.286132 no-new-revenue rate and lower than the $0.339407 voter-approval rate, with a public hearing scheduled for Sept. 17.
The proposed rate is 2.5628 cents per $100 above the no-new-revenue rate and 2.7647 cents below the voter-approval rate. Those differences compare the posted rates directly; they are not estimates of an individual property owner’s bill.
The Sept. 17 hearing is the next public checkpoint in the budget calendar. Council can hear testimony and act on the budget and tax rate before the city records final adoption.
What tax bill will the proposed rate produce for the city’s median taxable homestead?
That calculation would translate the rate into a household-scale comparison. The remaining budget question is how much of the proposed rate will support city operations and how much will pay debt, including the borrowing proposals also scheduled for council consideration.