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The Colony Council Considers FY2027 Tax Rate of $0.6300 Per $100 Valuation

The Colony City Council will discuss and consider a proposed fiscal year 2027 tax rate of $0.6300 per $100 of property valuation. Officials will also establish dates for upcoming public hearings on the budget, the tax rate, and the Grandscape PID assessment.

Quincy Underwood

August 15, 20261 min read

The Colony Texas reviews permits, bills, and city agenda items - Illustration Jake Team LLC
The Colony Texas reviews permits, bills, and city agenda items - Illustration Jake Team LLC

Proposed Tax Rate Details

The Colony City Council is reviewing a proposed tax rate of $0.6300 per $100 of property valuation for the upcoming fiscal year 2027. This figure represents the current proposal under consideration by local officials.

Public Hearing Schedule

The council will also set official dates for three separate public hearings. A combined hearing on the municipal budget and the proposed tax rate is scheduled for August 18, 2026. A separate public hearing regarding the Grandscape PID assessment will take place on September 1, 2026.

Council Agenda Context

The agenda item references Bredehoeft in connection with the discussion and consideration of these fiscal measures. The council will address both the financial proposal and the hearing timeline during the upcoming City Council Meeting.

References

City Council Meeting (). Retrieved from https://thecolony.granicus.com/MediaPlayer.php?view_id=3&clip_id=1546

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Quincy Underwood

Quincy Underwood covers The Colony city hall, the council, and county government.

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