By Anton Riecher
Without further public debate, the Devine City Council unanimously approved a zero increase tax rate of $.5900 per $100 valuation to support a previously approved fiscal year 2026-2027 budget of $5.865 million.
While average homestead values within the city have increased by about 4.25% , the council voted for a rate even lower than the no-new revenue rate which will decrease the total tax levy from $1.57 million to $1.54 million. (Editior’s Note: While you will often see boards vote for a “tax rate decrease” it generally still generates more total revenue than the previous year. However, Devine City Council opted for a true tax decrease).
Due to the increasing home values, tax on the average homestead will still see a slight increase from $1,093 to $1,140 (about $46) on the average homestead.
On a motion by District 3 Council Member Jeff Miller, seconded by District 1 Council Member Ray Gonzales, the council approved the combined maintenance and operations tax rate of $.48640 together with the debt service tax rate of $.10360. Separate votes on the M&O and debt service rates preceding the combined vote were also unanimous.
Mayor Butch Cook noted that the new tax rate was consistent with the preliminary figure discussed during the approval of …LOGIN TO CONTINUE READING at www.devinenewsmembers.com. You will get instant access to our full E-edition, and begin getting the newspaper delivered to your home next week for $42 a year in Medina County. Support important local city, county, and school news like this!