CouncilTrac · Matter
What this is
The city is holding a required public hearing on its proposed property tax rate of $0.54218 per $100 of assessed valuation for the upcoming fiscal year. Residents may comment before the council votes on the rate.
Why it matters
This tax rate determines how much Richardson property owners will pay in city taxes on their 2025 assessed values.
Timeline
- July 9, 2026 Agenda posted — September 8, 2025 meeting
Appearances on agendas
-
City Council — September 8, 2025
Hold public hearing
Official agenda language
PUBLIC HEARING FOR PROPOSED TAX RATE OF $0.54218 PER $100 VALUATION FOR FISCAL YEAR 2025-2026.
Documents
Related matters
-
Discussion: property tax exemption for residents over 65 and disabled persons
Council will review and discuss the city's existing property tax exemption available to homeowners who are over 65 or have a disability.
-
Cast vote for Baine Brooks to the Collin Central Appraisal District board
Council will adopt a resolution casting the city's official vote for Baine Brooks to serve on the Board of Directors of the Collin Central Appraisal District.
-
Cast vote for Pauline Medrano to the Dallas Central Appraisal District board
Council will adopt a resolution casting the city's official vote for Pauline Medrano to serve on the Board of Directors of the Dallas Central Appraisal District.
-
Set the 2025 property tax rate at $0.54218 per $100 of assessed value
Council considers an ordinance levying the 2025 ad valorem tax rate at $0.54218 per $100 of assessed valuation on all taxable property within Richardson city limits as of January 1, 2025.
-
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.