TEMPLE, Texas (KXXV) — The City of Temple approved its 2026 budget, which includes a property tax increase of about $240 per year for the average homeowner. City leaders say the increase will fund infrastructure, safety, and water projects, while also offsetting revenue losses tied to state-mandated veteran tax exemptions. Some residents and business owners worry the higher costs could hurt affordability and change the city’s small-town character.

Temple’s 2026 budget was approved with property tax hike

Average homeowner to pay about $20 more per month / $240 per year

Funds will support safety, infrastructure, and water needs

The mayor says investments now prevent bigger costs later

Temple’s veteran population up on average 27.5% — exemptions cost city $4M+

Business owner fears affor

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