The Fair Oaks Ranch council adopted a $28,384,429 fiscal year 2026–27 budget and set the 2026 city property tax rate at 31.176 cents per $100 of taxable value on Sept. 22.
The agenda projected a $1,958 city tax bill for the median-valued homestead in the current year. Its comparison showed a higher annual city bill under the proposed budget. The official meeting recording documents the budget, tax-rate and separate revenue-ratification decisions.
The Fair Oaks Ranch City Council met for a special session at 6:30 p.m. Sept. 22, 2026, in the Public Safety Training Room at the Police Station, 7286 Dietz Elkhorn Road. The meeting agenda placed roll call, the pledge and a citizens-to-be-heard period before the three business items: a final budget reading, a final tax-rate reading and a separate property-tax revenue ratification.
Budget adopted on final reading
The council adopted, on second and final reading, an ordinance adopting the city's fiscal year 2026-27 budget, which totals $28,384,429 across all city funds. The reviewed recording outcome identifies a 7–0 record vote. The Sept. 22 packet had presented that same total as the city manager's proposed budget; the vote establishes adoption of the budget, while the packet supplies the breakdown described below.
The proposed budget exhibit listed $12,181,655 for the General Fund and $7,548,492 for the Utility Operating Fund. Those are figures in the budget document, not separate recorded votes on each fund. The fiscal year runs from Oct. 1, 2026, through Sept. 30, 2027. The distinction matters when comparing the overall adopted spending plan with particular figures that appeared in the proposal.
