Summary
Staff recommended dropping the proposed maximum rate from the de minimis rate ($0.609494) to the voter-approval rate ($0.569028), saving the median homeowner about $200 a year while still producing a balanced budget using an RHDC transfer. The official tax-rate hearing and adoption vote happens August 24.
At a glance
- Total mentions
- 5
- Last 30 days
- 0
Last discussed Aug 24, 2026.
Impact analysis
Saves the typical homeowner about $200 a year versus the earlier proposal; every penny of the tax rate is worth roughly $89,500 to the city.
Homeowners and businesses paying property taxes in Richland Hills.
City services face tighter budgets, with a $314,000 general fund shortfall covered by the RHDC transfer.
Mentions & discussions (5)
City Council - Aug 24, 2026
The council was scheduled to adopt the FY 2027 budget and ratify a property tax increase. Under the proposed rate, the city's share of taxes on the median homestead would go up about $155 a year versus the no-new-revenue alternative.
City Council - Aug 17, 2026
Staff recommended dropping the proposed maximum rate from the de minimis rate ($0.609494) to the voter-approval rate ($0.569028), saving the median homeowner about $200 a year while still producing a balanced budget using an RHDC transfer. The official tax-rate hearing and adoption vote happens August 24.
City Council - Aug 10, 2026
The proposed tax rate of $0.609494 per $100 would raise city taxes on the median home ($241,063) from about $1,217 to about $1,469 a year. The no-new-revenue rate of $0.555999 would be about $1,340. A public hearing and final vote were set for August 24, 2026.
City Council - Jul 27, 2026
Council looked at three rate scenarios. The de minimis rate (about 0.60) means roughly $220 more per year on a median home; staff recommends dipping into debt fund savings to keep the total closer to the mid-$50-cent range.
City Council - May 26, 2026
A couple of major wholesale companies that drove 30–40% of the city's sales tax have left or are leaving, cutting projected revenue about 36%. Staff propose phasing capital projects, pausing Safe Routes to School, and possibly dissolving the Baker TIRZ to protect services without layoffs.
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