2025 Proposed Property Tax Presentation

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2025 Property Tax Information

September 16, 2025

Tax Law – Senate Bill 2

Texas Tax Code Section 26

Voter-Approval Tax Rate (allows for 3.5% above prior year M&O)

Requires mandatory election if adopted tax rate exceeds voter-approval tax rate (must be called by August 18, 2025 for November 2025 election)

Must provide notice to property owners and hold one public hearing

Less than $4 per month increase (on $100,000 home)

$11 per month increase (on average home)

*State maximum rate without election

• Current Service Levels

• 1 New Police Officer & 1 New Firefighter

• Fire Apparatus Funding

• 4% Raise for Police, 3% Raise for Fire, & 2% Merit Raise for Civilians

• $30.7 million in Street Projects

• TMRS 70% COLA

• Plus Much More

What Comes Next

First reading on the tax rate, record vote.

September 9, 2025

3:00 PM Amarillo City Hall

September 16, 2025

3:00 PM Amarillo City Hall

Public hearing on the tax rate and second reading to adopt the tax rate, record vote. Followed by vote to ratify the tax rate.

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