The City of Kerrville, Texas, increased property tax rates by nearly 8% following a decision by the City Council on Tuesday night. This decision comes after severe flooding during the Fourth of July weekend that impacted many residents.
The Kerrville City Council voted to increase the ad valorem tax rate to $0.5711 per $100 of assessed property value. This represents approximately an 8% hike. The increase surpasses the usual 3.5% and is part of an effort to address the financial challenges facing the city.
In the meeting, officials emphasized the need to address the damages caused by the Independence Day floods, which had a significant financial impact on city resources. The funds from the tax increase will partially go to recovery efforts and rebuilding infrastructure, such as roads and utility systems, damaged by the floods.
During the Fourth of July weekend, the city of Kerrville experienced heavy rainfall that caused the Guadalupe River to swell, resulting in widespread flooding.
City officials stated that the increased tax revenue would bolster the city’s budget, allowing for more comprehensive disaster response and recovery plans in the future. This action aims to enhance the city’s preparedness for similar incidents.
Kerrville’s fiscal year 2026 budget accommodates the increased property tax rates, which are deemed essential by the city to maintain service levels and fund vital projects. The council has assured residents that the funds will be used judiciously to benefit the community.
City leaders have pledged to provide updates on the usage of tax revenues and progress on infrastructure and recovery projects. They encourage residents to participate in public meetings to voice their opinions and stay informed about city developments.
The tax increase aims to create a stable financial environment for Kerrville, ensuring that the city can adequately respond to emergencies and invest in long-term projects that enhance the quality of life for its residents.