CouncilTrac · Council actions
Council actions: Budget & tax
What the council actually decided, newest first, from the approved minutes of each meeting.
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Discussion: 2026 general obligation bond and certificates of obligation sale
Council will review and discuss the upcoming sale of 2026 general obligation bonds and certificates of obligation, which are used to fund previously approved capital projects.
The terms of this bond sale determine how much residents ultimately pay in debt service on city capital projects.
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Budget consent agenda
Council considers a bundle of budget-related items grouped for approval as part of the budget consent agenda.
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Ratify the property tax increase reflected in the FY 2025-2026 adopted budget
State law requires a separate council vote to ratify any property tax increase embedded in the adopted budget for FY 2025-2026.
This is a legally required ratification step that confirms the tax increase reflected in the budget will take effect.
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Adopt the FY 2025-2026 city operating budget
Council considers a formal ordinance to adopt the city's budget for the fiscal year beginning October 1, 2025 and ending September 30, 2026.
The adopted budget sets spending levels for all city services — from streets and parks to police and fire — for the coming year.
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Budget consent agenda public hearing
The council opens a public hearing on budget-related consent agenda items.
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Ordinance authorizing sale of Taxable Certificates of Obligation, Series 2023A
Ordinance No. 4461 would authorize the issuance and sale of the City of Richardson, Texas Combination Tax and Revenue Certificates of Obligation, Taxable Series 2023A, set sale parameters, and delegate certain matters to an authorized city official.
This is an additional tranche of city debt, issued on a taxable basis, that will be repaid through taxes and revenues.
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Ordinance authorizing sale of Combination Tax and Revenue Certificates of Obligation, Series 2023
Ordinance No. 4460 would authorize the issuance and sale of the City of Richardson, Texas Combination Tax and Revenue Certificates of Obligation, Series 2023, set sale parameters, and delegate certain matters to an authorized city official.
Certificates of obligation are a form of city debt that does not require voter approval and will be repaid through taxes and revenues.
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Ordinance authorizing the sale of General Obligation Bonds, Series 2023
Ordinance No. 4459 would authorize the issuance and sale of the City of Richardson, Texas General Obligation Bonds, Series 2023, set parameters for the sale, and delegate certain details to an authorized city official.
These bonds fund capital projects approved by voters and represent a long-term financial obligation for the city.
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Adopt the city budget for FY 2022-2023 (Ordinance No. 4433)
Council will vote on Ordinance No. 4433 to officially adopt the city's operating budget for the fiscal year beginning October 1, 2022 and ending September 30, 2023.
This vote sets the city's spending plan for the coming year, determining which services, projects, and programs receive funding.
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Ratify the property tax increase reflected in the adopted FY 2021-2022 budget
State law requires the council to take a separate vote ratifying any property tax revenue increase reflected in the newly adopted budget for fiscal year October 1, 2021 through September 30, 2022.
This is a legally required step confirming the tax increase included in the budget; without it the budget adoption would be incomplete.
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Adopt the FY 2021-2022 city budget
Ordinance No. 4395 would formally adopt the city's operating budget for fiscal year October 1, 2021 through September 30, 2022.
The adopted budget sets all city spending priorities and service levels for the coming year.
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Adopt the FY 2020-2021 city budget ordinance
The council is asked to pass Ordinance No. 4356 to officially adopt the city's operating budget for the fiscal year beginning October 1, 2020 and ending September 30, 2021.
Adopting the budget sets the city's spending plan for the year, determining what services and projects Richardson will fund.