Storyline · 15 events · Nov 8, 2016 – Sep 29, 2026

Amarillo's property tax rate and voter-approved debt (2016-2026)

Each year the Amarillo City Council adopts a property tax rate made of a maintenance-and-operations (M&O) part and a debt-service (interest-and-sinking, I&S) part. In November 2016 voters approved two of seven bond propositions (streets and public safety). The total rate went from $0.35072 per $100 (FY2016/17) to $0.43070 (FY2025/26 and FY2026/27); the debt-service part went from $0.02374 to $0.10658 per $100 over the same span. In 2021 the council proposed $0.48404, voters rejected it at a Nov 2 tax rate election, and the rate became the $0.44334 voter-approval rate. In 2026 staff recalculated the rates after errors were found in figures sent to the county tax offices; council kept $0.43070 on a 4-1 vote.

A storyline groups dated events in order. It is a chronology, not an argument; it does not say why anything happened. All storylines

Where the story starts depends on the framing

Rate changes since the 2016 voter-approved bonds: starts with Voters approve 2 of 7 City bond propositions (streets, public safety) (Nov 8, 2016)
The 2021 tax rate election: starts with Council proposes $0.48404 rate, above the voter-approval rate, triggering an election (Jul 29, 2021)
The 2026 rate recalculation: starts with Staff propose a $0.44728 voter-approval rate for FY2026/27; NNR is $0.42170 (Aug 13, 2026)

Nov 8, 2016 · Origin
Voters approve 2 of 7 City bond propositions (streets, public safety)
In a seven-proposition, roughly $340 million bond election, Amarillo voters approved the streets ($89.5M) and public safety ($20.1M) propositions and rejected five others totaling $230M (municipal facilities, neighborhood parks, Civic Center, fleet, athletics). The City said the approved bonds would be paid through tax-supported debt.^[1]^[2]
- ✓ Verified
  The November 8, 2016 City bond election had seven propositions totaling about $340 million.^[2]^[1]
  Amount
  $340,000,000
  Propositions
  7
  Comparator
  approximately
- ✓ Verified
  Voters approved the streets and public safety propositions; the approved total is given as $109 million by the City and as $89.5M + $20.1M by HPPR.
  Reported value 1[2]
  Amount
  $109,000,000
  City budget document: 'Propositions 1 and 2 ... in the total amount of $109 million'
  Reported value 2[1]
  Streets
  $89,500,000
  Public safety
  $20,100,000
  Total
  $109,600,000
  HPPR per-proposition amounts (sum computed)
- ✓ Verified
  Five propositions totaling $230 million (municipal facilities, neighborhood parks, Civic Center, city fleet, athletic facilities) were rejected.^[1]
  Amount
  $230,000,000
  Propositions
  5
- ✓ Verified
  City of Amarillo (Nov 9, 2016 press release, as reported by HPPR): Per a City press release cited by HPPR, both approved propositions were to be paid through tax-supported debt over five years.^[1]
about Sep 2017 · Precursor
FY2017/18 rate set at $0.36364 after first 2016-bond issue
The total rate went from $0.35072 (FY2016/17) to $0.36364 per $100. The City issued the first of the 2016-election general obligation bonds ($21,280,000) in April 2017; its budget documents tie the FY2017/18 increase to that issue.^[2]^[3]
- ✓ Verified
  The FY2017/18 rate was $0.36364 per $100 ($0.32698 general, $0.03666 debt), up from $0.35072 in FY2016/17 ($0.32698 general, $0.02374 debt).^[3]^[2]
  Rate per 100
  $0.36364 per $100
  Mo rate per 100
  $0.32698 per $100
  Is rate per 100
  $0.03666 per $100
  Prior rate per 100
  $0.35072 per $100
  Prior is rate per 100
  $0.02374 per $100
- ✓ Verified
  City of Amarillo FY2019/20 budget document: In April 2017 the City issued $21,280,000 in general obligation bonds, the first of five planned annual issues for the 2016 voter-approved projects; the City's budget narrative relates the FY2017/18 rate increase to this issue.^[2]
  Amount
  $21,280,000
about Sep 2018 · Related development
FY2018/19 rate set at $0.36838 after second 2016-bond issue
The total rate went from $0.36364 to $0.36838 per $100, with the debt-service part going from $0.03666 to $0.04140. The City issued the second 2016-election GO bond ($22,145,000) in July 2018.^[2]^[3]^[4]
- ✓ Verified
  The FY2018/19 rate was $0.36838 per $100 ($0.32698 general, $0.04140 debt).^[3]^[4]
  Rate per 100
  $0.36838 per $100
  Mo rate per 100
  $0.32698 per $100
  Is rate per 100
  $0.04140 per $100
- ✓ Verified
  City of Amarillo FY2019/20 budget document: In July 2018 the City issued the second 2016-election GO bond, $22,145,000; the City's budget narrative relates the FY2018/19 rate increase to this issue.^[2]
  Amount
  $22,145,000
about Sep 2019 · Related development
FY2019/20 rate set at $0.38851; budget adopted 4-1
The rate went from $0.36838 to $0.38851 per $100 ($0.34448 M&O, $0.04403 debt service). The City described the M&O increase as funding Fire and Animal Management positions tied to the 2016 public-safety proposition plus street maintenance, and the I&S increase as debt service on the voter-approved bonds. Council adopted the budget 4-1, Councilmember Elaine Hays against.^[2]^[5]^[4]
Ginger Nelson Elaine Hays
- ✓ Verified
  The FY2019/20 rate was $0.38851 per $100, up from $0.36838: +$0.0175 M&O and +$0.00263 debt service.^[2]^[4]^[5]
  Rate per 100
  $0.38851 per $100
  Mo rate per 100
  $0.34448 per $100
  Prior rate per 100
  $0.36838 per $100
- ⚠ Sources differ
  The FY2019/20 debt-service rate is $0.04403 per $100 in the City budget; ABC7 printed it as $0.4403.
  Reported value 1[2][3]
  Is rate per 100
  $0.04403 per $100
  City budget book and historical rate table
  Reported value 2[5]
  Is rate per 100
  $0.44030 per $100
  As printed by ABC7 (inconsistent with its own $0.38851 total; apparent typographical error)
- ✓ Verified
  City of Amarillo FY2019/20 budget document: The City's budget states the M&O increase funds Fire and Animal Management and Welfare personnel tied to the voter-approved Proposition 2 projects plus street maintenance, and the I&S increase is for debt service on the voter-approved bond projects.^[2]^[5]
- ✓ Verified
  The proposed FY2019/20 budget estimated total tax collections of $49,018,465, an increase of $3,029,641 from 2018.^[5]
  Amount
  $49,018,465
  Levy change
  $3,029,641
- ✓ Verified
  The FY2019/20 budget was adopted 4-1: Mayor Ginger Nelson and Councilmembers Freda Powell, Eddy Sauer and Howard Smith for; Councilmember Elaine Hays against.^[2]
  For
  4
  Against
  1
Sep 2020 · Related development
FY2020/21 rate set at $0.39681; budget adopted 5-0
The rate went from $0.38851 to $0.39681 per $100; the debt-tax rate went from $0.04976 to $0.05921 as listed in the City's statutory notice. The budget raised $1,931,428 (3.89%) more in property tax than the prior year. Council adopted it 5-0.^[6]^[4]
Ginger Nelson
- ✓ Verified
  FY2020/21: rate $0.39681 (prior $0.38851); no-new-revenue rate $0.38070; voter-approval rate $0.41586; debt tax rate $0.05921 (prior $0.04976).^[6]^[4]
  Rate per 100
  $0.39681 per $100
  No new revenue rate per 100
  $0.38070 per $100
  Voter approval rate per 100
  $0.41586 per $100
  Is rate per 100
  $0.05921 per $100
  Prior rate per 100
  $0.38851 per $100
- ✓ Verified
  The FY2020/21 budget raised $1,931,428 (3.89%) more in property tax than the prior year; $528,990 from new property.^[6]
  Levy change
  $1,931,428
  Levy change
  3.89%
  New property
  $528,990
- ✓ Verified
  The FY2020/21 budget was adopted 5-0 (Mayor Nelson; Councilmembers Hays, Powell, Sauer, Smith).^[6]
  For
  5
  Against
  0
- ✓ Verified
  City of Amarillo FY2020/21 budget document: The City's budget states the FY2020/21 increase was in the I&S portion, related to the 2016 voter-approved bond projects, the Thompson Park pool replacement, and a downtown South Johnson Street property purchase.^[6]
Jul 29, 2021 · Starting point
Council proposes $0.48404 rate, above the voter-approval rate, triggering an election
Council voted to set a proposed ceiling of about 48 cents per $100, above the $0.44334 voter-approval rate, which under state law required a November election. Councilmember Cole Stanley was the only vote against.^[7]^[8]^[9]
Cole Stanley Ginger Nelson
- Budget & taxes
- Votes & elections
- ✓ Verified
  For FY2021/22 the City proposed $0.48404 per $100; the no-new-revenue rate was $0.38884 and the voter-approval rate $0.44334.^[8]
  Rate per 100
  $0.48404 per $100
  No new revenue rate per 100
  $0.38884 per $100
  Voter approval rate per 100
  $0.44334 per $100
- ✓ Verified
  Councilmember Cole Stanley was the only vote against setting the proposed rate ceiling of about 48 cents; Stanley said he did not oppose what the money would fund.^[7]^[9]
- ⚠ Sources differ
  The proposed increase was described as 22 percent (NewsChannel10) and 24 percent (Texas Scorecard, Amarillo Pioneer).
  Reported value 1[7]
  Increase
  22%
  Reported value 2[9][10]
  Increase
  24%
Aug 2021 · Trigger
FY2021/22 budget adopted 4-1; election set for Nov 2
The FY2021/22 budget was adopted 4-1 with Councilmember Cole Stanley against. The City's materials said the proposed rate's additional revenue would fund police, fire, streets and parks; the City CFO described the election as putting the decision with voters.^[8]^[7]^[11]^[12]
Cole Stanley Ginger Nelson Laura Storrs
- Budget & taxes
- Votes & elections
- ✓ Verified
  The FY2021/22 budget was adopted 4-1: Mayor Ginger Nelson and Councilmembers Powell, Sauer and Smith for; Councilmember Cole Stanley against.^[8]
  For
  4
  Against
  1
- ✓ Verified
  Laura Storrs, Assistant City Manager and CFO: "Instead of our elected officials making the decision, they're putting it more in the hands of the tax payers, the voters."^[11]
- ✓ Verified
  Laura Storrs, Assistant City Manager and CFO (quote); NewsChannel10 (estimates): The City CFO said that under state law the rate would increase either way; NewsChannel10 estimated a $100,000 home would pay just under $8/month more if the measure passed and a little under $4/month more if it failed.^[12]
- ✓ Verified
  City of Amarillo FY2021/22 budget document: The City's budget states the $0.48404 rate would have generated an additional $4.8 million for Parks & Recreation capital, public safety personnel and equipment, wage increases and street improvements.^[8]
  Amount
  $4,800,000
Nov 2, 2021 · Peak
Voters reject Proposition A; rate becomes the $0.44334 voter-approval rate
Voters rejected the proposed $0.48404 rate by a reported 55-45 margin in both Potter and Randall counties. The FY2021/22 rate became $0.44334 per $100 (the voter-approval rate), up from $0.39681.^[10]^[9]^[8]^[4]
- Budget & taxes
- Votes & elections
- ✓ Verified
  Voters rejected Proposition A, the $0.48404 rate, on Nov 2, 2021, by a reported 55-45 margin, with both Potter and Randall counties voting against.^[10]^[9]^[8]
  For
  45%
  Against
  55%
- ✓ Verified
  After the failed election the FY2021/22 rate was $0.44334 per $100 (the voter-approval rate), up from $0.39681; the debt tax rate was $0.07911.^[8]^[4]^[3]
  Rate per 100
  $0.44334 per $100
  Mo rate per 100
  $0.36423 per $100
  Is rate per 100
  $0.07911 per $100
  Prior rate per 100
  $0.39681 per $100
- ✓ Verified
  The FY2021/22 budget (at the revised rate) raised $7,024,921 (13.49%) more in property tax than the prior year; $702,794 from new property.^[8]
  Levy change
  $7,024,921
  Levy change
  13.49%
  New property
  $702,794
- ✓ Verified
  Vote for Kids Amarillo PAC supported Proposition A (park repairs, public safety); Save Amarillo PAC opposed it, saying there was no clear plan for the revenue.^[10]^[9]
Sep 8, 2022 · Related development
FY2022/23 rate set at $0.40628 (4-0)
Council approved the FY2022/23 budget and rate 4-0 (one member absent). The rate went from $0.44334 to $0.40628 per $100 ($0.07549 debt service). Council had earlier considered a rate near 49 cents that included Civic Center renovation funding.^[13]^[14]^[4]
Ginger Nelson Cole Stanley
- ✓ Verified
  The FY2022/23 rate is reported as 40 cents (ABC7) and $0.40628 per $100 (City).
  Reported value 1[13]
  Rate per 100
  $0.40000 per $100
  Rounded in news coverage ('4-cents lower than the current rate')
  Reported value 2[14][4][3]
  Rate per 100
  $0.40628 per $100
  Mo rate per 100
  $0.33079 per $100
  Is rate per 100
  $0.07549 per $100
  No new revenue rate per 100
  $0.39694 per $100
  Voter approval rate per 100
  $0.49086 per $100
  City statutory notice and rate tables
- ✓ Verified
  The FY2022/23 budget and rate were approved 4-0, with Councilmember Eddy Sauer absent.^[13]^[14]
  For
  4
  Against
  0
  Absent
  1
- ✓ Verified
  The FY2022/23 budget raised $1,587,957 (2.62%) more in property tax than the prior year; $740,251 from new property.^[14]
  Levy change
  $1,587,957
  Levy change
  2.62%
  New property
  $740,251
- ✓ Verified
  Council had earlier considered a rate of about 49 cents that included Civic Center renovation funding; ABC7 reported that project was tied up in litigation.^[13]
about Sep 2023 · Related development
FY2023/24 rate set at $0.39195 (5-0)
The rate went from $0.40628 to $0.39195 per $100 ($0.07751 debt service). The budget raised $4,026,731 (6.46%) more in property tax than the prior year. Council adopted it 5-0; the same budget included fee increases in several utilities and services.^[15]^[16]^[4]
Cole Stanley Les Simpson Josh Craft Don Tipps
- ✓ Verified
  FY2023/24: rate $0.39195 (prior $0.40628); no-new-revenue $0.37598; voter-approval $0.39867; debt tax rate $0.07751.^[15]^[4]^[16]
  Rate per 100
  $0.39195 per $100
  Mo rate per 100
  $0.31444 per $100
  Is rate per 100
  $0.07751 per $100
  No new revenue rate per 100
  $0.37598 per $100
  Voter approval rate per 100
  $0.39867 per $100
- ✓ Verified
  The FY2023/24 budget raised $4,026,731 (6.46%) more in property tax than the prior year; $1,388,601 from new property.^[15]
  Levy change
  $4,026,731
  Levy change
  6.46%
  New property
  $1,388,601
- ✓ Verified
  The FY2023/24 budget was adopted 5-0 (Mayor Cole Stanley; Councilmembers Josh Craft, Don Tipps, Tom Scherlen, Les Simpson).^[15]^[16]
  For
  5
  Against
  0
- ✓ Verified
  The FY2023/24 budget included fee increases for drainage, solid waste, sewer, water, environmental health, golf, tennis, aquatics, zoo admission, athletics and city marshal.^[16]
about Sep 2024 · Related development
FY2024/25 rate set at $0.38723 (4-0)
The rate went from $0.39195 to $0.38723 per $100 ($0.31867 M&O, $0.06856 debt service), equal to that year's voter-approval rate. The budget raised $3,654,631 (5.43%) more in property tax than the prior year. Council adopted it 4-0 with one member absent.^[17]^[18]
Cole Stanley Les Simpson Josh Craft Don Tipps
- ✓ Verified
  FY2024/25: rate $0.38723 ($0.31867 M&O, $0.06856 debt); no-new-revenue $0.36659; voter-approval $0.38723.^[17]^[18]
  Rate per 100
  $0.38723 per $100
  Mo rate per 100
  $0.31867 per $100
  Is rate per 100
  $0.06856 per $100
  No new revenue rate per 100
  $0.36659 per $100
  Voter approval rate per 100
  $0.38723 per $100
- ✓ Verified
  The FY2024/25 budget raised $3,654,631 (5.43%) more in property tax than the prior year; $1,279,505 from new property.^[17]
  Levy change
  $3,654,631
  Levy change
  5.43%
  New property
  $1,279,505
- ✓ Verified
  The 2024 statutory notice lists $12,853,341 in tax-supported debt service, less $1,653,515 excess prior-year collections, for a total debt levy of $11,199,827.^[18]
  Debt service
  $12,853,341
  Debt levy
  $11,199,827
- ✓ Verified
  The FY2024/25 budget was adopted 4-0 (Mayor Cole Stanley; Councilmembers Josh Craft, Don Tipps, Tom Scherlen), with Councilmember Les Simpson absent.^[17]
  For
  4
  Against
  0
  Absent
  1
Sep 16, 2025 · Related development
FY2025/26 rate set at $0.43070 (5-0)
Council unanimously adopted a $0.43070 rate (from $0.38723), equal to the voter-approval rate; the no-new-revenue rate was $0.37355. The debt-service part went from $0.06856 to $0.09956 and the M&O part from $0.31867 to $0.33114. The budget notice states property-tax revenue rises $8,475,975 (11.77%).^[19]^[20]^[3]^[21]^[22]
Cole Stanley Les Simpson Tim Reid Don Tipps David Prescott Laura Storrs
- ✓ Verified
  FY2025/26: rate $0.43070 ($0.33114 M&O, $0.09956 debt); no-new-revenue $0.37355; voter-approval $0.43070; prior rate $0.38723.^[19]^[3]
  Rate per 100
  $0.43070 per $100
  Mo rate per 100
  $0.33114 per $100
  Is rate per 100
  $0.09956 per $100
  No new revenue rate per 100
  $0.37355 per $100
  Voter approval rate per 100
  $0.43070 per $100
  Prior rate per 100
  $0.38723 per $100
- ✓ Verified
  From FY2024/25 to FY2025/26 the debt-service part went from $0.06856 to $0.09956 (+$0.03100) and the M&O part from $0.31867 to $0.33114 (+$0.01247).^[3]
  Is change per 100
  $0.03100 per $100
  Mo change per 100
  $0.01247 per $100
- ✓ Verified
  The FY2025/26 property-tax increase is stated as $8,475,975 (11.77%) in the budget notice, $8.4 million (11.77%) by the City release, and nearly $8.5 million by NewsChannel10; the hearing notice's total levy on all properties rises $7,648,192 (10.58%).
  Reported value 1[3]
  Levy change
  $8,475,975
  Levy change
  11.77%
  New property
  $1,245,224
  LGC 102.007 budget notice: revenue from property taxes vs last year's budget
  Reported value 2[20]
  Levy change
  $8,400,000
  Levy change
  11.77%
  City news release (rounded)
  Reported value 3[21]
  Levy change
  $8,500,000
  Comparator
  approximately
  NewsChannel10 ('nearly $8.5 million')
  Reported value 4[19]
  Levy total prior
  $72,268,651
  Levy total
  $79,916,843
  Levy change
  $7,648,192
  Levy change
  10.58%
  Truth-in-taxation hearing notice: total tax levy on all properties, 2024 vs 2025 tax year
- ✓ Verified
  The 2025 hearing notice estimates City tax on the average homestead going from $838.28 to $975.36 (+$137.08, 16.35%), with average homestead taxable value rising from $216,481 to $226,040.^[19]
  Prior
  $838
  Amount
  $975
  Change
  $137
  Change
  16.35%
- ✓ Verified
  The FY2025/26 budget and tax rate were adopted unanimously (Mayor Cole Stanley; Councilmembers Tim Reid, Don Tipps, David Prescott, Les Simpson) on Sept 16, 2025.^[20]^[3]^[19]^[21]
  For
  5
  Against
  0
- ✓ Verified
  Mayor Cole Stanley: "The money is there, it's now stewardship."^[21]
- ✓ Verified
  Councilmember David Prescott: "Costs have gone up, they're going up in areas that we never expected."^[21]
Aug 13, 2026 · Trigger
Staff propose a $0.44728 voter-approval rate for FY2026/27; NNR is $0.42170
At a budget workshop, staff proposed the voter-approval rate of $0.44728; the no-new-revenue rate was $0.42170. Councilmember Les Simpson asked to explore the budget at the no-new-revenue rate. Coverage reported total City debt of $566.8 million, about half for water and sewer.^[23]
Les Simpson Cole Stanley Grayson Path
- Budget & taxes
- Debt & financing
- ✓ Verified
  Staff proposed the $0.44728 voter-approval rate for the 2026 tax year; the no-new-revenue rate was $0.42170, below the 2025 rate of $0.43070.^[23]
  Voter approval rate per 100
  $0.44728 per $100
  No new revenue rate per 100
  $0.42170 per $100
- ✓ Verified
  The Tribune reported total City debt of $566.8 million, almost 50% for water and sewer, with annual debt service at 10.8% of the proposed budget and about $7.3 million rolling off after FY2026/27.^[23]^[24]
  Amount
  $566,800,000
Sep 14, 2026 · Related development
Rates recalculated after errors in figures sent to tax offices; ceiling set at $0.4307
At a special meeting, staff presented recalculated rates after errors were found in numbers used to calculate them (debt figures, a fleet debt item, and a TIRZ value deduction). The voter-approval rate rose to $0.45252; the no-new-revenue rate stayed $0.42170. After several failed motions, council set a not-to-exceed rate of $0.4307 (Stanley, Reid and Tipps for; Simpson against all motions).^[24]^[25]
Cole Stanley Les Simpson Tim Reid Don Tipps David Prescott Andrew Freeman
- ✓ Verified
  The Tribune reported the original rates used debt collection numbers more than $2 million too high, counted $1.1 million in fee-paid fleet debt in general revenue, and double-deducted TIRZ value (about $1.2 million for the upcoming budget).^[24]
- ✓ Verified
  After recalculation the no-new-revenue rate stayed $0.42170 and the voter-approval rate rose $0.00508 to $0.45252.^[24]
  No new revenue rate per 100
  $0.42170 per $100
  Voter approval rate per 100
  $0.45252 per $100
- ✓ Verified
  Potter County Tax Assessor-Collector: The Potter County tax assessor-collector said the incorrect number appeared, based on his office's internal research, to have been provided by City staff.^[24]
- ✓ Verified
  Mayor Cole Stanley: "They were essentially taking that value and deducting it from our revenues twice."^[24]
- ✓ Verified
  Simpson's motion to cap the rate at the no-new-revenue rate got no second; after three failed motions, Stanley, Reid and Don Tipps voted to set the not-to-exceed rate at $0.4307. Simpson voted against every motion.^[24]^[25]
  Not to exceed rate per 100
  $0.43070 per $100
- ✓ Verified
  Councilmember Les Simpson: "I really think we owe it to the taxpayers to provide relief to them and that's the budget I'm going to be looking for."^[25]
Sep 29, 2026 · Resolution
FY2026/27 rate adopted at $0.43070 (4-1)
Council adopted the FY2026/27 budget and a $0.43070 rate ($0.32412 M&O, $0.10658 debt service), the same total as FY2025/26, by 4-1 votes with Councilmember Les Simpson against. The City says the budget raises $2,063,963 (2.58%) more in property tax, including $1,295,675 from new property.^[26]^[27]^[28]
Les Simpson Cole Stanley
- ⚠ Sources differ
  The FY2026/27 rate is $0.43070 per $100, the same total as FY2025/26; the proposed budget book and the adoption release give different M&O/I&S splits.
  Reported value 1[26][28]
  Rate per 100
  $0.43070 per $100
  Mo rate per 100
  $0.32412 per $100
  Is rate per 100
  $0.10658 per $100
  Adopted split, City release of Sept 30, 2026 (also ABC7)
  Reported value 2[29]
  Rate per 100
  $0.43070 per $100
  Mo rate per 100
  $0.33714 per $100
  Is rate per 100
  $0.09356 per $100
  Proposed budget book dated 09-24-26 (before final adoption)
- ✓ Verified
  The FY2026/27 budget raises $2,063,963 (2.58%) more in property tax than the prior year; $1,295,675 from new property. The City says the rate will effectively be raised by 2.9 percent and raise M&O taxes on a $100,000 home by about $9.^[26]^[29]^[28]
  Levy change
  $2,063,963
  Levy change
  2.58%
  New property
  $1,295,675
- ✓ Verified
  All FY2026/27 budget and tax-rate votes were 4-1, with Councilmember Les Simpson against.^[26]^[27]
  For
  4
  Against
  1
- ✓ Verified
  The City's release states the $0.43070 rate is 'greater than the current rate' (statutory wording), while the Tribune describes it as the same rate as 2025.^[26]^[27]
- ✓ Verified
  The debt-service (I&S/I&R) part of the City rate went from $0.02374 per $100 in FY2016/17 to $0.10658 in FY2026/27.^[3]^[26]
  Is rate fy2016 17 per 100
  $0.02374 per $100
  Is rate fy2024 25 per 100
  $0.06856 per $100
  Is rate fy2025 26 per 100
  $0.09956 per $100
  Is rate fy2026 27 per 100
  $0.10658 per $100
- ✓ Verified
  Texas Comptroller data record City of Amarillo general obligation principal of $123,738,733 in FY2016 and $212,736,000 in FY2025 ($622.91 and $1,044.21 per capita).^[30]
  Go principal fy2016
  $123,738,733
  Go principal fy2025
  $212,736,000
  Per capita fy2016
  $623
  Per capita fy2025
  $1,044

Sources

1.Amarillo voters approve two bond propositions — High Plains Public Radio (HPPR), Nov 14, 2016 · retrieved Oct 9, 2026newsIndependent
2.City of Amarillo Annual Budget, Fiscal Year 2019-2020 — City of Amarillo, Oct 1, 2019 · retrieved Oct 9, 2026primarySubject-authoredAdopted budget book (re-hosted 2026). Cover notice text is font-garbled in the PDF; the record vote of the governing body is legible. Narrative covers the 2016 bond election and rate history 2008-2020.
3.City of Amarillo Fiscal Year 2025-2026 Budget Book — City of Amarillo, Oct 1, 2025 · retrieved Oct 9, 2026primarySubject-authoredContains a historical table of assessed values and General / I&R (debt) rate components for FY2015/16 through FY2025/26.
4.Financial Information (Tax Rates table, FY2018-19 to FY2023-24) — City of Amarillo, Sep 24, 2026 · retrieved Oct 9, 2026primarySubject-authoredLive page; publication date unknown (page lists documents posted through Sept 2026). Tax Rates table gives property tax rate by fiscal year 2018-19 through 2023-24.
5.Proposed City budget includes funding for 10 new AFD positions, AAMW and street repair — ABC7 Amarillo (KVII), Aug 20, 2019 · retrieved Oct 9, 2026newsIndependentPrints the debt-service rate as '$0.4403'; the City budget book gives $0.04403.
6.City of Amarillo Annual Budget, Fiscal Year 2020-2021 — City of Amarillo, Oct 1, 2020 · retrieved Oct 9, 2026primarySubject-authoredIncludes the Local Government Code 102.007 cover notice (levy change, record vote, rate table).
7.Amarillo City Council discuss tax increase, residents likely to vote — NewsChannel10 (KFDA), Jul 29, 2021 · retrieved Oct 9, 2026newsIndependent
8.City of Amarillo Annual Budget, Fiscal Year 2021-2022 — City of Amarillo, Nov 15, 2021 · retrieved Oct 9, 2026primarySubject-authoredRate table is labelled 'Current Year revised for failed election'; narrative states the proposed $0.48404 rate failed at election.
9.Amarillo Voters Defeat Tax Increase — Texas Scorecard, Nov 3, 2021 · retrieved Oct 9, 2026newsAdvocacyStance: critical
10.Voters Turn Down Amarillo Tax Increase — The Amarillo Pioneer, Nov 3, 2021 · retrieved Oct 9, 2026newsIndependentStance: critical
11.In November, Amarillo citizens will head to the polls to vote on new tax rate increase — NewsChannel10 (KFDA), Oct 4, 2021 · retrieved Oct 9, 2026newsIndependent
12.How the Amarillo property tax increase will affect you if passed or not — NewsChannel10 (KFDA), Oct 18, 2021 · retrieved Oct 9, 2026newsIndependent
13.Amarillo City Council approves 2022/2023 budget, property tax rate — ABC7 Amarillo (KVII), Sep 8, 2022 · retrieved Oct 9, 2026newsIndependent
14.City of Amarillo Annual Budget, Fiscal Year 2022-2023 (Final) — City of Amarillo, Oct 1, 2022 · retrieved Oct 9, 2026primarySubject-authored
15.City of Amarillo Final Budget, Fiscal Year 2023-2024 — City of Amarillo, Oct 1, 2023 · retrieved Oct 9, 2026primarySubject-authored
16.Amarillo City Council Approves Budget & Tax Rate — The Amarillo Pioneer, Sep 22, 2023 · retrieved Oct 9, 2026newsIndependent
17.City of Amarillo FY2024/2025 Final Budget — City of Amarillo, Oct 1, 2024 · retrieved Oct 9, 2026primarySubject-authored
18.Notice About 2024 Tax Rates (Form 50-212), City of Amarillo — City of Amarillo, Aug 1, 2024 · retrieved Oct 9, 2026primarySubject-authoredStatutory notice of no-new-revenue and voter-approval rates and current-year debt service schedule.
19.Notice of Public Hearing on Tax Increase (2025 tax year), City of Amarillo — City of Amarillo, Aug 15, 2025 · retrieved Oct 9, 2026primarySubject-authored
20.Council Unanimously Approves Fiscal Year 2025/26 Budget and Tax Rate — City of Amarillo, Sep 18, 2025 · retrieved Oct 9, 2026primarySubject-authored
21.City of Amarillo approves 2025/26 budget and tax rate — NewsChannel10 (KFDA), Sep 16, 2025 · retrieved Oct 9, 2026newsIndependent
22.City of Amarillo discuss adopting 2025/26 budget and tax rate — NewsChannel10 (KFDA), Sep 10, 2025 · retrieved Oct 9, 2026newsIndependent
23.Amarillo City Council considers lower tax rate in second 2026 budget workshop — Amarillo Tribune, Aug 13, 2026 · retrieved Oct 9, 2026newsIndependent
24.The City of Amarillo's 2026 tax rate won't be higher than last year's — Amarillo Tribune, Sep 14, 2026 · retrieved Oct 9, 2026newsIndependent
25.Amarillo council caps tax rate, weighs relief for taxpayers — NewsChannel10 (KFDA), Sep 14, 2026 · retrieved Oct 9, 2026newsIndependent
26.City Council Approves Fiscal Year 2026/2027 Budget — City of Amarillo, Sep 30, 2026 · retrieved Oct 9, 2026primarySubject-authored
27.Amarillo City Council adopts 2026 tax rate, discusses water and sewer fees — Amarillo Tribune, Sep 30, 2026 · retrieved Oct 9, 2026newsIndependent
28.Amarillo City Council approves FY 2026-27 budget, higher tax rate — ABC7 Amarillo (KVII), Sep 30, 2026 · retrieved Oct 9, 2026newsIndependent
29.Fiscal Year 2026-27 Proposed Budget Book (after council review, 09-24-26) — City of Amarillo, Sep 24, 2026 · retrieved Oct 9, 2026primarySubject-authoredProposed (not adopted) document; its M&O / I&S split differs from the split in the City's Sept 30, 2026 adoption release.
30.Local government debt data for the City of Amarillo — Texas Comptroller of Public Accounts · coverage FY2005 .. FY2025 (later years are scheduled amortization) · retrieved Aug 2, 2026dataset