Wylie homeowners have a chance to weigh in on the city’s next fiscal plan. The Wylie City Council will hold a public hearing on Tuesday, Sept. 8 at 6 p.m. in the council chambers of the Wylie Municipal Complex, 300 Country Club Drive. The meeting will focus on the proposed fiscal year 2027 budget and a property‑tax rate that would increase the average homestead bill by about $317 per year.
Proposed tax rate and its impact
The council’s proposal sets the tax rate at 59.6554 cents per $100 of taxable value, up from the 2025 rate of 54.3438 cents. That represents a 5.3116‑cent increase per $100, or a 9.77% rise. While the rate exceeds the city’s “no‑new‑revenue” benchmark of 55.5257 cents, it matches the voter‑approval ceiling of 59.6554 cents, meaning a separate election for voter approval is not required.
Based on the city’s tax notice, the average residence’s taxable value is expected to climb from $442,871 in 2025 to $456,646 in 2026, a 3.11% increase. Applying the proposed rate, the average property tax would grow from $2,406.73 to $2,724.14 – an increase of $317.41, or 13.19%.
Budget overview
The FY 2027 budget projects total appropriable funds of $183.48 million. Expected revenues total $161.70 million, while expenditures are budgeted at $180.60 million, leaving a projected ending fund balance of $117.94 million across all operating and capital funds.
Key allocations include:
- General Fund: $72.87 million in proposed spending, with $43.23 million earmarked for public safety, $17.28 million for general government, $5.73 million for community services, and $5.05 million for streets.
- Utility Fund: $37.07 million in spending, primarily $33.96 million for utilities and $1.42 million for debt service.
- Capital Projects: $38.32 million across all funds, plus $10.6 million in long‑term debt issuance to finance those projects.
Under the proposed budget, total property‑tax collections would rise to $47.78 million, an $3.60 million (8.14%) increase over the prior year. Of that increase, $722,985 would come from newly added property on the tax rolls.
How to participate
Residents who wish to speak at the hearing can attend in person at the municipal complex. Written copies of the proposed budget are available for public inspection at the Rita and Truett Smith Public Library, the City Secretary’s Office, and the City Manager’s Office during regular business hours. The full budget is also posted on the city’s website.
Additional information about local property taxes, proposed rates, and upcoming public hearings can be found at Texas.gov/PropertyTaxes.
The upcoming hearing offers a direct avenue for Wylie families and business owners to influence how their tax dollars are allocated, ensuring that public safety, community services, and essential utilities remain well‑funded while keeping the tax burden transparent and accountable.
Original reporting: Wylie News (HLL/CB) — read the source article.
