Highland Village City Council members unanimously approved the fiscal year 2025-26 budget at a Sept. 9 meeting .

The budget totals $67.2 million, which includes expenditures for general operations, public safety and streets.

Council members also unanimously approved a tax rate of $0.500984 per $100 of assessed value, an increase from the 2024-2025 fiscal year tax rate of $0.500273 per $100 of assessed value.

"We have lowered the tax rate for the past five years due to the growth we have had," City Manager Paul Stevens said. "Had we not lowered it, it would have had to go to the voters to raise the rate. The new rate is below the voter approved rate. Because sales tax is down and property value growth has slowed, we did raise the rate to help offset that a bit."

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