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.^[1]

Les Simpson Cole Stanley Grayson Path

Budget & taxes
Debt & financing

What the sources say

✓ 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.^[1]
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.^[1]^[2]
Amount
$566,800,000