Summary
Council held public hearings on the upcoming municipal budget and property tax rate schedule, postponing final budget adoption to the next meeting while scheduling the tax rate public hearing for September 16.
At a glance
- Total mentions
- 4
- Last 30 days
- 2
Rising — discussed at 4 meetings since Aug 25, 2026, up from 0 in the two months before.
Impact analysis
Sets the financial roadmap and property tax burden for residents and businesses for the upcoming fiscal year.
All residents and taxpayers who receive municipal services and transparency in rate setting.
Local property owners facing higher tax liabilities due to the increased rate and rising property values.
Mentions & discussions (6)
City Council Meetings — City Council
The city council adopted a property tax rate of $0.471578 per $100 of taxable value, representing a 4.26% increase to support the upcoming fiscal year budget and statutory obligations.
City Council Meetings — Special City Council
The city adopted a tax rate increase of 4.26% over the no-new-revenue rate to support general fund operations and debt service. This will increase property taxes for median homeowners.
City Council Meetings — City Council
The city council adopted the annual operating budget for the upcoming fiscal year, featuring adjustments for hot fund allocations and software to capture short-term rental taxes. They also voted to ratify the property tax revenue increase as required by state law.
City Council Meetings — City Council
Council held public hearings on the upcoming municipal budget and property tax rate schedule, postponing final budget adoption to the next meeting while scheduling the tax rate public hearing for September 16.
City of Odessa responds to Attorney General Paxton’s warning over property tax rate increase
City of Odessa responds to Attorney General Paxton’s warning over property tax rate increase CBS7
City of Odessa adopts new property tax rate
City of Odessa adopts new property tax rate newswest9.com
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