City Council - Regular Meeting

Call to Order and Announce Quorum is Present

Public Comment

To speak on an item on this agenda in person, you must sign up to speak before the meeting begins with the City Secretary. Each speaker is limited to 3 minutes. You will not be allowed to speak again on an item when the City Council is considering the item. Written public comments may be submitted through e-comments. To access e-comments, go to https://cityoflewisville.legistar.com/Calendar.aspx and utilize the e-comments link located to the far right hand side of the line containing the details and agenda for this meeting. E-comments will be accepted until 5 p.m. on the day prior to this meeting.

Consideration of the Preliminary Budget for FY 2026-27 as Submitted by the City Manager, Including Discussion on the Property Tax Rate, Water and Sewer Rates, and Stormwater Rate Study.

ADMINISTRATIVE COMMENTS: Staff will provide a presentation that includes the following: Submission of the Preliminary Budget Document; Discussion of the Budget Process and an Overview of Guidelines; Discussion and Overview of Funds; Discussion of Base Budget by Big Move and Strategic Move; Discussion of Tax Rate Information and Recommendation for Unfunded Items; Discussion of Water and Sewer Rate Information and Recommendation for Unfunded Items; and Discussion of Update on Stormwater Rate Study. Texas Government Code Section 551.043(c), which took effect September 1, 2025, requires, among other things, that the public notice of a meeting at which a governmental body will discuss or adopt a budget must include a taxpayer impact statement showing, for the median-valued homestead property, a comparison of the property tax bill pertaining to the property for the current fiscal year to an estimate of the property tax bill for the same property for the upcoming fiscal year if the proposed budget is adopted, and a balanced budget funded at the no-new-revenue tax rate. For the Lewisville median home value of $400,000, the City portion of the property tax bill in the current fiscal year is $1,676.04. The same property would owe $1,745.52 if the FY 2027 proposed budget is adopted or $1,702.38 if the budget was funded at the no-new-revenue rate. RECOMMENDATION: That the City Council approve, for discussion at the upcoming public hearing, the City Manager's Preliminary Budget, as presented and amended, which includes consideration of the proposed tax rate and an increase in water and sewer rates.

Consideration of Dates and Times for the Public Hearing and Vote on the Budget and Public Hearing and Vote on the Tax Rate.

ADMINISTRATIVE COMMENTS: A public hearing and vote on the budget at the September 14, 2026 City Council Meeting at 7:00 p.m.; and a public hearing and vote on the tax rate at the September 21, 2026 City Council Meeting at 7:00 p.m. was previously approved in the Budget Calendar in accordance with state law. RECOMMENDATION: That the City Council hold the public hearing and vote on the budget at the September 14, 2026 City Council Meeting at 7:00 p.m.; and hold the public hearing and vote on the tax rate at the September 21, 2026 City Council Meeting at 7:00 p.m.

Acceptance of the 2026 Certified Tax Rolls in Accordance with Section 26.04(b) of the State Property Tax Code.

ADMINISTRATIVE COMMENTS: The 2026 Certified Tax Rolls from Dallas and Denton Appraisal Districts combined for a total market value for all property of $28,325,840,981; an appraised value of $28,117,967,874 and a total taxable value of $22,436,307,482. TIF Zone Number 1 taxable value is $690,391,450. TIF Zone Number 2 taxable value is $293,502,205. TIF Zone Number 3 taxable value is $1,583,908,296. TIF Zone Number 4 taxable value is $352,124,230. New construction included in the total roll is $428,759,494. RECOMMENDATION: That City Council accept the 2026 Tax Rolls in accordance with Section 26.04(b) of the State Property Tax Code.

Acceptance of the Report Identifying the Calculation of the 2026 No-New-Revenue and Voter-Approval Tax Rates, Authorization to Publish Notice as Required by the Texas Tax Code Section 26.061 and provide direction as to the calculation of the voter-approval tax rate.

ADMINISTRATIVE COMMENTS: Section 26.061 of the Texas Tax Code requires that the calculated no-new-revenue tax rate and voter-approval tax rate be submitted to the Council and that a notice of calculated no-new-revenue tax rate and voter-approval rates be published in a newspaper having general circulation in the county in which the municipality is located. The calculated rates are as follows: 2026 No-New-Revenue Tax Rate - $0.425595, 2026 No-New-Revenue Maintenance and Operation Rate - $0.303441. The 2026 Debt Rate and 2026 Voter-Approval Rate to be published will be determined after City Council deliberation. The preliminary Debt Rate for 2026 is $0.122320, and the preliminary Voter-Approval Rate for 2026 is $0.436381. RECOMMENDATION: That City Council accept the preliminary report identifying the calculation of the 2026 no-new-revenue and voter-approval tax rates and authorize the notice publication as required by the Texas Tax Code Section 26.061.

Section 551.072 (Real Estate): Property Acquisition

Section 551.087 (Economic Development): Deliberation Regarding Economic Development Negotiations.

Reconvene into Regular Session and Consider Action, if Any, on Items Discussed in Closed Session.

Adjournment