City Council - Regular Meeting

TAXPAYER IMPACT STATEMENT

Comal County & Guadalupe County House Bill 1522, passed by the Texas Legislature in 2025, amends section 551.043 of the Texas Government Code to require that the notice of a meeting required to be posted under section 551.043(a) of the Texas Open Meetings Act, at which a governmental body will discuss or adopt a budget for the governmental body, must include a taxpayer impact statement showing, for the median-valued homestead property, a comparison of the property tax bill in dollars pertaining to the property for the current fiscal year to an estimate of the property tax bill in dollars for the same property for the upcoming fiscal year. The City of New Braunfels has adopted a budget for FY2026. | 2024 Value of Median-Valued Homestead Property in Comal County | $ 349,106 | | --- | --- | | 2024 Property Tax Bill for the Current Fiscal Year ($0.0.408936) | $ 1,428 | | 2025 Value of Median-Valued Homestead Property in Comal County | $ 354,783 | | Estimated 2025 Property Tax Bill for the Upcoming Fiscal Year if the City Adopts the Proposed Budget and Tax Rate ($0.408936 per $100 of value) | $ 1,451 | | Estimated 2025 Property Tax Bill for the Upcoming Fiscal Year if the City Adopts a Balanced Budget Funded at the No-New-Revenue Tax Rate ($.409475 per $100 of value) | $ 1,453 | | 2024 Value of Median-Valued Homestead Property in Guadalupe County | $ 331,133 | | --- | --- | | 2024 Property Tax Bill for the Current Fiscal Year ($0.0.408936) | $ 1,354 | | 2025 Value of Median-Valued Homestead Property in Guadalupe County | $ 311,795 | | Estimated 2025 Property Tax Bill for the Upcoming Fiscal Year if the City Adopts the Proposed Budget and Tax Rate ($0.408936 per $100 of value) | $ 1,275 | | Estimated 2025 Property Tax Bill for the Upcoming Fiscal Year if the City Adopts a Balanced Budget Funded at the No-New-Revenue Tax Rate ($.409475 per $100 of value) | $ 1,277 | The estimates in this Impact Statement are valid only for the FY2026 adopted budget and tax rate.