Government
BY AMIRA VAN LEEUWEN
New Braunfels City Council is considering a budget of $113.5M for its general fund and a tax rate of $0.4089 per $100 valuation ahead of scal year 2025-26. The general fund budget is structurally balanced, which means that recurring revenues meet recurring expenditures, according to an Aug. 18 budget presentation. The proposed tax rate of $0.4089 is below the no-new-revenue tax rate of $0.4095, Assistant City Manager Jared Werner said. A no-new-revenue tax rate is the rate needed to generate the same amount of revenue from the prior year on existing properties. The interest and sinking rate is typically used for debt services and is separate from the maintenance and operations. The maintenance and operations rates is used for the general fund, according to the presentation. Council looks to adopt at tax rate
What residents need to know
Total property tax rate history
Interest and Sinking
Maintenance and Operations
Property taxes are paid to the city of New Braunfels, New Braunfels ISD and Comal County, but only about 24% of property taxes are paid to the city. City residents who live in Guadalupe County or Comal ISD would have a slightly dierent proportion based on varying homestead exemption rates, the presentation states. With 34%, sales tax makes up the most of the city’s revenue in its proposed general fund budget, with property taxes making up 27% revenue, according to the presentation.
$0.4754
$0.4089
$0.4139
$0.1 $0.2 $0.3 $0.4 $0.5
$0
Fiscal Year
NOTE: THE CITY’S FISCAL YEAR IS FROM OCT. 1 SEPT. 30.
Also of note
Fiscal Year 202526 general fund revenue
Sales tax and property tax revenue are two of the city’s largest sources of revenue in its general fund—but those revenue sources have stalled. Werner said this proposed budget positions the city well for the economic uncertainty they feel they are navigating. “We’re seeing the lowest growth in property values since 2013. Sales tax is the city’s number one revenue source, and when we look over the last 18 months, there’s been a lot of volatility in relation to sales tax collections,” he said. The city is expected to adopt its budget and tax rate in September, after press time.
Sales taxes: 34%
Property taxes: 27%
Franchise taxes: 14%
Tax rate breakdown
Other taxes: 14%
Maintenance and Operations: $0.1939 Interest and Sinking: $0.2150
Miscellaneous taxes: 4%
Das Rec: 3%
Parks and recreation: 2%
Total proposed tax rate: $0.4089
Fines: 2%
SOURCE: CITY OF NEW BRAUNFELSCOMMUNITY IMPACT
NOTE: THE OTHER TAXES CATEGORY ENCOMPASSES CHARGES FOR SERVICES, INTERFUND TRANSFERS, INTEREST INCOME AND LICENSE AND PERMITS.
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NEW BRAUNFELS EDITION
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