New Braunfels adopts FY2027 budget and sets tax rate at 'no new revenue' level

The New Braunfels City Council on Sept. 14 approved the second and final reading of the FY2027 operating budget and ratified a property-tax rate equal to the state-calculated "no new revenue" rate.

Assistant City Manager Jerry Warner said the proposed tax rate "is equal to the no new revenue rate," adding the package ties $13 million of one‑time or recurring investments to the city’s strategic priorities and includes a 3% cost‑of‑living increase for staff. Warner also described steps taken to stabilize the city’s self‑insurance fund and to retain reserves.

Council members debated how the no‑new‑revenue calculation works — it holds revenue from existing taxable properties flat while excluding new construction — and staff noted the choice results in an approximate $13 increase for an average homestead, or about $1.08 per month. The council voted to adopt ordinance number 2026‑50 and ratified the revenue increase in the accompanying resolution.

The ordinance passed on a voice/roll‑call vote with the mayor absent; council recorded unanimous support from members present. City staff said detailed budget materials and presentations are available on the city website for residents who want a line‑by‑line view of the allocations.