· 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.[1][2][3]
What the sources say
- ⚠ 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.
- 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[4]
- 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.[1][4][3]
- 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.[1][2]
- For
- 4
- Against
- 1
- ✓ 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.[5][1]
- 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).[6]
- Go principal fy2016
- $123,738,733
- Go principal fy2025
- $212,736,000
- Per capita fy2016
- $623
- Per capita fy2025
- $1,044