O
Mineral Wells
← All issues
taxes budgetHigh priorityopen

FY 2026-2027 Budget and Property Tax Increase

Mineral Wells

Summary

The new city budget raises property tax revenue by about $1.28 million — a 16.29% jump. The tax rate goes from $0.5718 to $0.7007 per $100 valuation, so a median home's estimated bill rises from about $536 to about $1,028. The rate sits at the de minimis rate, above the no-new-revenue rate.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Aug 28, 2026.

Impact analysis

💰Financial impact

Median homeowners will pay an estimated $1,027.59 in city property tax, up $491.63 from the current year.

✅Who benefits

City services funded by the budget — including public safety, infrastructure, and quality-of-life programs under the council's strategic plan — benefit all residents.

⚠️Who could be affected

Property owners, especially those on fixed incomes, face a substantially higher annual tax bill.

Mentions & discussions (1)

We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.

The weekly brief for Mineral Wells

What the council decided, in plain English — one email a week.

Free. Unsubscribe with one click any time. We never sell your email.