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O-2025-223 - 9/11/2025 ORDINANCE NO. 0-2025-223 AN ORDINANCE LEVYING TAXES FOR THE MAINTENANCE AND OPERATION OF THE MUNICIPAL GOVERNMENT OF THE CITY OF ROUND ROCK, TEXAS, AND PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE TAX YEAR 2025. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: I. That the Tax Assessor-Collector for Williamson County, Texas acting as the designated officer for the City of Round Rock, Texas as defined by state law has heretofore certified, in accordance with sections 26.04(d-1, d-2, d-3) of the Texas Tax Code, that he has accurately calculated the tax rates and has used the values that are the same as the values shown in the taxing unit's certified appraisal roll in performing the calculations for tax year 2025, a copy of said certification being attached hereto as Exhibit "A"; and That the Chief Financial Officer of the City of Round Rock, Texas, has heretofore submitted, in accordance with section 26.05(e-1) of the Texas Tax Code, a written certification that the amount of additional sales and use tax revenue that will be used to pay debt service has been deducted from the total amount of debt in the tax rate calculations for tax year 2025, a copy of said certification being attached hereto as Exhibit"B"; and II. That there is hereby levied and there shall be collected for the maintenance and operation of the municipal government of the City of Round Rock, Texas, for the year 2025 upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of 25.6757 cents on each One Hundred Dollars ($100.00) valuation of property. 0112.20252.4898-6590-9599 That there is hereby levied and there shall be collected for the City of Round Rock, Texas, to provide for Interest and Sinking Funds for the year 2025 upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of 11.5243 cents on each One Hundred Dollars ($100.00) valuation of property. SUMMARY Maintenance and operation of the Municipal Government 25.6757 cents Interest and Sinking 11.5243 cents Total Tax per$100.00 of valuation 37.2000 cents THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 4.3 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $10.48. III. All monies collected under this ordinance for the specific items herein named, be and the same are hereby appropriated and set apart for the specific purpose indicated in each item and that the Assessor and Collector of Taxes, and the City Chief Financial Officer shall keep these accounts so as to readily and distinctly show the amount collected, the amounts expended and the amount on hand at any time, belonging to such funds. All receipts for the City not specifically apportioned by this ordinance are hereby made payable to the General Fund of the City. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Ordinance was adopted was posted and that such meeting was open to the public as required by law at all times during which this Ordinance and 2 the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551,Texas Government Code, as amended. READ and APPROVED on first reading this the a `day of ktittSt- 2025. READ, APPROVED and ADOPTED on second reading this the et day of Cp}\fr , 2025. CRAIG OR N, Mayor City of Round ock, Texas A ST: AaJi. AN FRANKLIN, City Clerk 3 EXHIBIT MISSION STATEMENT A ,. Our dedicated team is committed to providing innovative and exceptional customer service in the assessment,collection,and distribution of taxes and fees. WILCO TEXAS Larry Gaddes PCAC, CTA Tax Assessor/Collector CITY OF ROUND ROCK PROPERTY TAX CODE, SECTION 26.04 SUBMISSION OF TAX RATES I, Larry Gaddes, Tax Assessor/Collector for Williamson County, do hereby submit to the governing body of your taxing jurisdiction the No-New-Revenue and Voter-Approval rate. The rates as reflected below are calculated by my office per Chapter 26 of the Texas Property Tax Code for tax year 2025. NO-NEW-REVENUE TAX RATE: $0.348065 / $100 VOTER-APPROVAL TAX RATE: $0.372075 / $100 8/4/2025 Larry Gaddes PCAC, CTA Date Williamson County Tax Assessor/Collector Main Office: Annex Locations: Hours: 904 South Main Street 1801 E Old Settlers Blvd,Ste 115,Round Rock,TX 78664 Monday-8am to 5:30pm Georgetown,TX 78626 350 Discovery Blvd,Ste 101,Cedar Park,TX 78613 Tue to Fri-8 am to 4pm Telephone:512.943.1601 412 Vance St,Ste 1 Taylor,TX 76574 www.wilcotx.gov/taxoffice 2025 Tax Rate Calculation Worksheet Form 50-856 Taxing Units Other Than School Districts or Water Districts City of Round Rock (512)218-5447 Taxing Unit Name Phone(area code and number) 221 E Main Street, Round Rock, TX, 78664-5299 https://www.roundrocktexas.gov Taxing Unit's Address,City,State,ZIP Code Taxing Unit's Website Address GENERAL INFORMATION:Tax Code Section 26.04(c)requires an officer or employee designated by the governing body to calculate the no-new-revenue(NNR)tax rate and voter-approval tax rate for the taxing unit.These tax rates are expressed in dollars per$100 of taxable value calculated.The calculation process starts after the chief appraiser delivers to the taxing unit the certified appraisal roll and the estimated values of properties under protest.The designated officer or employee shall certify that the officer or employee has accurately calculated the tax rates and used values shown for the certified appraisal roll or certified estimate.The officer or employee submits the rates to the governing body by Aug.7 or as soon thereafter as practicable. School districts do not use this form,but instead use Comptroller Form 50-859 Tax Rate Calculation Worksheet,School District without Chapter 313 Agreements or Comptroller Form 50-884 Tax Rate Calculation Worksheet,School District with Chapter 313 Agreements. Water districts as defined under Water Code Section 49.001(1)do not use this form,but instead use Comptroller Form 50-858 Water District Voter-Approval Tax Rate Worksheet for Low Tax Rate and Developing Districts or Comptroller Form 50-860 Developed Water District Voter-Approval Tax Rate Worksheet. The Comptroller's office provides this worksheet to assist taxing units in determining tax rates.The information provided in this worksheet is offered as technical assistance and not legal advice.Taxing units should consult legal counsel for interpretations of law regarding tax rate preparation and adoption. SECTION 1:No-New-Revenue Tax Rate The NNR tax rate enables the public to evaluate the relationship between taxes for the prior year and for the current year based on a tax rate that would produce the same amount of taxes(no new taxes)if applied to the same properties that are taxed in both years.When appraisal values increase,the NNR tax rate should decrease. The NNR tax rate for a county is the sum of the NNR tax rates calculated for each type of tax the county levies. While uncommon,it is possible for a taxing unit to provide an exemption for only maintenance and operations taxes.In this case,the taxing unit will need to calculate the NNR tax rate separately for the maintenance and operations tax and the debt tax,then add the two components together. 1. Prior year total taxable value.Enter the amount of the prior year taxable value on the prior year tax roll today.Include any adjustments since last year's certification;exclude Tax Code Section 25.25(d)one-fourth and one-third over-appraisal corrections from these adjustments.Exclude any property value subject to an appeal under Chapter 42 as of July 25(will add undisputed value in Line 6).This total includes the taxable value of homesteads with tax ceilings(will deduct in Line 2)and the captured value for tax increment financing(adjustment is made by deducting TIF taxes, as reflected in Line 17)' $ 23,523,330,637 2. Prior year tax ceilings.Counties,cities and junior college districts.Enter the prior year total taxable value of homesteads with tax ceilings. These include the homesteads of homeowners age 65 or older or disabled.Other taxing units enter 0.If your taxing unit adopted the tax ceiling provision last year or a prior year for homeowners age 65 or older or disabled,use this step' $ 0 3. Preliminary prior year adjusted taxable value.Subtract Line 2 from Line 1. $ 23,523,330,637 4. Prior year total adopted tax rate. 0.360000 $ /$100 S. Prior year taxable value lost because court appeals of ARB decisions reduced the prior year's appraised value. A. Original prior year ARB values. $ 1,883,505,204 B. Prior year values resulting from final court decisions: -$ 1,829,229,338 C. Prior year value loss.Subtract B from A.' $ 54,275,866 6. Prior year taxable value subject to an appeal under Chapter 42,as of July 25. A. Prior year ARB certified value: $ 1,662,010,729 B. Prior year disputed value. _$ 242,554,774 C. Prior year undisputed value.Subtract B from A.4 $ 1,419,455,955 7. Prior year Chapter 42 related adjusted values.Add Line SC and Line 6C. $ 1,473,731,821 'Tex.Tax Code 426.012(14) 'Tex.Tax Code 426.012(14) 'Tex Tax Code 426.012(13) 'Tex Tax Code 426.012(13) Form developed by:Texas Comptroller of Public Accounts,Property Tax Assistance Division For additional copies,visit:comptroller.texas.gov/taxes/property-tax 50-856•3-25/12 2025 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856 8. Prior year taxable value,adjusted for actual and potential court-ordered adjustments.Add Line 3 and Line 7. $ 24,997,062,458 9. Prior year taxable value of property in territory the taxing unit deannexed after Jan.1,2024.Enter the prior year value of property in deannexed territory.' $ 0 10. Prior year taxable value lost because property first qualified for an exemption in the current year.If the taxing unit increased an original exemption,use the difference between the original exempted amount and the increased exempted amount.Do not include value lost due to freeport,goods-in-transit,temporary disaster exemptions.Note that lowering the amount or percentage of an existing exemption in the current year does not create a new exemption or reduce taxable value. A. Absolute exemptions.Use prior year market value: $ 377,962 B. Partial exemptions.Current year exemption amount or current year percentage exemption times prior year value. +$ 19,481,333 C. Value loss.Add A and B.6 $ 19,859,295 11. Prior year taxable value lost because property first qualified for agricultural appraisal(1-d or 1-d-1),timber appraisal,recreational/ scenic appraisal or public access airport special appraisal in the current year.Use only properties that qualified for the first time in the current year;do not use properties that qualified in the prior year. A. Prior year market value: $ 0 B. Current year productivity or special appraised value. -$ 0 C. Value loss.Subtract B from A.' $ 0 12. Total adjustments for lost value.Add Lines 9,10C and 11C. $ 19,859,295 13. Prior year captured value of property in a TIF.Enter the total value of the prior year captured appraised value of property taxable by a tax- ing unit in a tax increment financing zone for which the prior year taxes were deposited into the tax increment fund.°If the taxing unit has no captured appraised value in line 18D,enter 0. $ 0 14. Prior year total value.Subtract Line 12 and Line 13 from Line 8. $ 24,977,203,163 15. Adjusted prior year total levy.Multiply Line 4 by Line 14 and divide by$100. $ 89,917,931 16. Taxes refunded for years preceding the prior tax year.Enter the amount of taxes refunded by the taxing unit for tax years preceding the prior tax year.Types of refunds include court decisions,Tax Code Section 25.25(b)and(c)corrections and Tax Code Section 31.11 payment errors.Do not include refunds for the prior tax year.This line applies only to tax years preceding the prior tax year.' $ 1,089,493 17. Adjusted prior year levy with refunds and TIF adjustment.Add Lines 15 and 16.10 $ 91,007,424 18. Total current year taxable value on the current year certified appraisal roll today.This value includes only certified values or certified esti- mate of values and includes the total taxable value of homesteads with tax ceilings(will deduct in Line 20).These homesteads include home- owners age 65 or older or disabled.11 A. Certified values: $ 25,810,072,867 B. Counties:Include railroad rolling stock values certified by the Comptroller's office: +$ 0 C. Pollution control and energy storage system exemption:Deduct the value of property exempted for the current tax year for the first time as pollution control or energy storage system property. -$ 286,799 D. Tax increment financing:Deduct the current year captured appraised value of property taxable by a taxing unit in a tax increment financing zone for which the current year taxes will be deposited into the tax increment fund.Do not include any new property value that will be included in Line 23 below.1' -$ 0 E. Total current year value.Add A and B,then subtract C and D. $ 25,809,786,068 'Tex.Tax Code 426.012(15) Tex.Tax Code 426.012(15) 'Tex.Tax Code 426.012(15) 'Tex.Tax Code§26.03(c) 'Tex.Tax Code 426.012(13) 10 Tex.Tax Code 426.012(13) Tex.Tax Code 426.012,26.04(c-2) Tex.Tax Code 426.03(c) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 2 2025 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856 19. Total value of properties under protest or not included on certified appraisal roll." A. Current year taxable value of properties under protest.The chief appraiser certifies a list of properties still under ARB protest.The list shows the appraisal district's value and the taxpayer's claimed value,if any, or an estimate of the value if the taxpayer wins.For each of the properties under protest,use the lowest of these values.Enter the total value under protest." $ 876,395,187 B. Current year value of properties not under protest or included on certified appraisal roll.The chief appraiser gives taxing units a list of those taxable properties that the chief appraiser knows about but are not included in the appraisal roll certification.These properties also are not on the list of properties that are still under protest.On this list of properties,the chief appraiser includes the market value, appraised value and exemptions for the preceding year and a reasonable estimate of the market value, appraised value and exemptions for the current year.Use the lower market,appraised or taxable value (as appropriate).Enter the total value of property not on the certified roll.15 +$ 0 C. Total value under protest or not certified.Add A and B. $ 876,395,187 20. Current year tax ceilings.Counties,cities and junior colleges enter current year total taxable value of homesteads with tax ceilings.These include the homesteads of homeowners age 65 or older or disabled.Other taxing units enter 0.If your taxing unit adopted the tax ceiling pro- vision in the prior year or a previous year for homeowners age 65 or older or disabled,use this step.16 $ 0 21. Current year total taxable value.Add Lines 18E and 19C.Subtract Line 20.17 $ 26,686,181,255 22. Total current year taxable value of properties in territory annexed after Jan.1,of the prior year.Include both real and personal property. Enter the current year value of property in territory annexed.18 $ 88,211,366 23. Total current year taxable value of new improvements and new personal property located in new improvements.New means the item was not on the appraisal roll in the prior year.An improvement is a building,structure,fixture or fence erected on or affixed to land.New additions to existing improvements may be included if the appraised value can be determined.New personal property in a new improvement must have been brought into the taxing unit after Jan.1,of the prior year and be located in a new improvement.New improvements do include property on which a tax abatement agreement has expired for the current year.19 $ 451,317,350 24. Total adjustments to the current year taxable value.Add Lines 22 and 23. $ 539,528,716 25. Adjusted current year taxable value.Subtract Line 24 from Line 21. $ 26,146,652,539 26. Current year NNR tax rate.Divide Line 17 by Line 25 and multiply by$100.20 $ 0.348065 /$100 27. COUNTIES ONLY.Add together the NNR tax rates for each type of tax the county levies.The total is the current year county NNR tax rate.21 $ 0.000000 /$100 SECTION 2:Voter-Approval Tax Rate The voter-approval tax rate is the highest tax rate that a taxing unit may adopt without holding an election to seek voter approval of the rate.The voter-approval tax rate is split into two separate rates: 1. Maintenance and Operations(M&O)Tax Rate:The M&O portion is the tax rate that is needed to raise the same amount of taxes that the taxing unit levied in the prior year plus the applicable percentage allowed by law.This rate accounts for such things as salaries,utilities and day-to-day operations. 2. Debt Rate:The debt rate includes the debt service necessary to pay the taxing unit's debt payments in the coming year.This rate accounts for principal and interest on bonds and other debt secured by property tax revenue. The voter-approval tax rate for a county is the sum of the voter-approval tax rates calculated for each type of tax the county levies.In most cases the voter-approval tax rate exceeds the no-new-revenue tax rate,but occasionally decreases in a taxing unit's debt service will cause the NNR tax rate to be higher than the voter-approval tax rate. 28. Prior year M&O tax rate.Enter the prior year M&O tax rate. $ 0.254602 i$100 29. Prior year taxable value,adjusted for actual and potential court-ordered adjustments.Enter the amount in Line 8 of the No-New-Revenue Tax Rate Worksheet. $ 24,997,062,458 "Tex.Tax Code 426.01(c)and(d) "Tex.Tax Code 426.01(c) "Tex.Tax Code 426.01(d) "Tex.Tax Code§26.012(6)(B) "Tex.Tax Code§26.012(6) "Tex.Tax Code 426.012(12) "Tex.Tax Code 426.012(12) "Tex.Tax Code 426.04(c) "Tex.Tax Code 426.04(d) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 3 2025 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856 30. Total prior year M&O levy.Multiply Line 28 by Line 29 and divide by$100 $ 63,643,020 31. Adjusted prior year levy for calculating NNR M&O rate. A. M&O taxes refunded for years preceding the prior tax year.Enter the amount of M&O taxes refunded in the preceding year for taxes before that year.Types of refunds include court decisions, Tax Code Section 25.25(b)and(c)corrections and Tax Code Section 31.11 payment errors.Do not include refunds for tax year 2024.This line applies only to tax years preceding the prior tax year. +$751,090 B. Prior year taxes in TIF.Enter the amount of taxes paid into the tax increment fund for a reinvestment zone as agreed by the taxing unit.If the taxing unit has no current year captured appraised value in 0 Line 18D,enter 0 -$ C. Prior year transferred function.If discontinuing all of a department,function or activity and transferring it to another taxing unit by written contract,enter the amount spent by the taxing unit discontinuing the function in the 12 months preceding the month of this calculation.If the taxing unit did not operate this function for this 12-month period,use the amount spent in the last full fiscal year in which the taxing unit operated the function.The taxing unit discontinuing the function will subtract this amount in D below.The taxing unit receiving the function will add this amount in 0 D below.Other taxing units enter 0. +/-$ D. Prior year M&O levy adjustments.Subtract B from A.For taxing unit with C,subtract if 751,090 discontinuing function and add if receiving function $ $ 64,394,110 6. Add Line 30 to 31 D. 32. Adjusted current year taxable value.Enter the amount in Line 25 of the No-New-Revenue Tax Rate Worksheet. $ 26,146,652,539 33. Current year NNR M&O rate(unadjusted).Divide Line 31 E by Line 32 and multiply by$100. $ 0.246280 /$100 34. Rate adjustment for state criminal justice mandate." A. Current year state criminal justice mandate.Enter the amount spent by a county in the previous 12 months providing for the maintenance and operation cost of keeping inmates in county-paid facilities after they have been sentenced.Do not include any state reimbursement received by the county for the same purpose. $ 0 B. Prior year state criminal justice mandate.Enter the amount spent by a county in the 12 months prior to the previous 12 months providing for the maintenance and operation cost of keeping inmates in county-paid facilities after they have been sentenced.Do not include any state reimbursement received by the county for the same purpose.Enter zero if this is the first time the mandate applies -$0 C. Subtract B from A and divide by Line 32 and multiply by$100 $ 0.000000 moo D. Enter the rate calculated in C.If not applicable,enter 0. $ 0.000000 /$100 35. Rate adjustment for indigent health care expenditures." A. Current year indigent health care expenditures.Enter the amount paid by a taxing unit providing for the maintenance and operation cost of providing indigent health care for the period beginning on July 1,of the prior tax year and ending on June 30,of the current tax year,less any state assistance received for the same purpose. $ 0 B. Prior year indigent health care expenditures.Enter the amount paid by a taxing unit providing for the maintenance and operation cost of providing indigent health care for the period beginning on July 1,2023 and ending on June 30,2024,less any state assistance received for the same purpose. -$ 0 C. Subtract B from A and divide by Line 32 and multiply by$100 $ 0.000000 $100 $ 0.000000 /$1o0 D. Fnter the rate ralnlaterlin_C.Jf notapplicable,enteill. "[Reserved for expansion] "Tex.Tax Code§26.044 "Tex.Tax Code 426.0441 For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 4 2025 Tax Rate Gioiation Worksheet-Taxing Units Other Than School Districts or Water Districts ", f+01Ns304g6 36. Rate adjustment for county indigent defense compensation.s A. Current year indigent defense compensation expenditures.Enter the amount paid by a county to provide appointed counsel for indigent individuals and fund the operations of a public defender's office under Article 26.044,Code of Criminal Procedure for the period beginning on July 1,of the prior tax year and ending on June 30,of the current tax year,less any state grants received by the county for the same purpose $0 B. Prior year indigent defense compensation expenditures.Enter the amount paid by a county to provide appointed counsel for indigent individuals and fund the operations of a public defender's office under Article 26.044,Code of Criminal Procedure for the period beginning on July 1,2023 and ending on June 30,2024,less any state grants received by the county for the same purpose $0 C. Subtract B from A and divide by Line 32 and multiply by$100 $ 0.000000 /$100 D. Multiply B by 0.05 and divide by Line 32 and multiply by$100. $ 0.000000 /$100 E. Enter the lesser of C and D.If not applicable,enter 0. $ 0.000000 /5100 37. Rate adjustment for county hospital expenditures." A. Current year eligible county hospital expenditures.Enter the amount paid by the county or municipality to maintain and operate an eligible county hospital for the period beginning on July 1,of the prior tax year and ending on June 30,of the current tax year $ 0 B. Prior year eligible county hospital expenditures.Enter the amount paid by the county or municipality to maintain and operate an eligible county hospital for the period beginning on July 1,2022 and ending on June 30,2023. $ 0 C. Subtract B from A and divide by Line 32 and multiply by$100 $ 0.000000 /$100 D. Multiply B by 0.08 and divide by Line 32 and multiply by$100. $ 0.000000 /$100 E. Enter the lesser of C and D,if applicable.If not applicable,enter 0. $ 0.000000 /$100 38. Rate adjustment for defunding municipallty.This adjustment only applies to a municipality that is considered to be a defunding municipal- ity for the current tax year under Chapter 109,Local Government Code.Chapter 109,Local Government Code only applies to municipalities with a population of more than 250,000 and includes a written determination by the Office of the Governor.See Tax Code Section 26.0444 for more information. A. Amount appropriated for public safety in the prior year.Enter the amount of money appropriated for public safety in the budget adopted by the municipality for the preceding fiscal year $ 0 B. Expenditures for public safety in the prior year.Enter the amount of money spent by the municipality for public safety during the preceding fiscal year $ 0 C. Subtract B from A and divide by Line 32 and multiply by$100 $ 0.000000 /5100 D. Enter the rate calculated in C.If not applicable,enter 0. $ 0.000000 /$100 39. Adjusted current year NNR M&O rate.Add Lines 33,34D,35D,36E,and 37E.Subtract Line 38D. $ 0.248280 /Slim 40. Adjustment for prior year sales tax specifically to reduce property taxes.Cities,counties and hospital districts that collected and spent additional sales tax on M&O expenses in the prior year should complete this line.These entities will deduct the sales tax gain rate for the current year in Section 3.Other taxing units,enter zero. A. Enter the amount of additional sales tax collected and spent on M&O expenses in the prior year,if any. Counties must exclude any amount that was spent for economic development grants from the amount of sales tax spent $ 30,180,882 B. Divide Line 40A by Line 32 and multiply by$100 $ 0.115429 /$1o0 C. Add Line 40B to Line 39. $ 0.361709 /5100 41. Current year voter-approval M&O rate.Enter the rate as calculated by the appropriate scenario below. $ 0.374368 /$100 Special Taxing Unit.If the taxing unit qualifies as a special taxing unit,multiply Line 40C by 1.08. -or- Other Taxing Unit.If the taxing unit does not qualify as a special taxing unit,multiply Line 40C by 1.035. "Tec.Tax Code 426.0142 x Tex.Tax Code§26.0443 For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 5 2025 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856 D41. Disaster Line 41(D41):Current year voter-approval M&O rate for taxing unit affected by disaster declaration.If the taxing unit is locat- ed in an area declared a disaster area and at least one person is granted an exemption under Tax Code Section 11.35 for property located in the taxing unit,the governing body may direct the person calculating the voter-approval tax rate to calculate in the manner provided for a special taxing unit.The taxing unit shall continue to calculate the voter-approval tax rate in this manner until the earlier of 1)the first year in which total taxable value on the certified appraisal roll exceeds the total taxable value of the tax year in which the disaster occurred,or 2)the third tax year after the tax year in which the disaster occurred If the taxing unit qualifies under this scenario,multiply Line 40C by 1.08.Z'If the taxing unit does not qualify,do not complete Disaster Line 41(Line D41). $ /$100 42. Total current year debt to be paid with property taxes and additional sales tax revenue.Debt means the interest and principal that will be paid on debts that: (1) are paid by property taxes, (2) are secured by property taxes, (3) are scheduled for payment over a period longer than one year,and (4) are not classified in the taxing unit's budget as M&O expenses. A. Debt also includes contractual payments to other taxing units that have incurred debts on behalf of this taxing unit,if those debts meet the four conditions above.Include only amounts that will be paid from property tax revenue.Do not include appraisal district budget payments.If the governing body of a taxing unit authorized or agreed to authorize a bond,warrant,certificate of obligation,or other evidence of indebtedness on or after Sept.1,2021,verify if it meets the amended definition of debt before including it here.28 Enter debt amount $ 36,973,301 B. Subtract unencumbered fund amount used to reduce total debt. -$ 0 C. Subtract certified amount spent from sales tax to reduce debt(enter zero if none) -$ 0 D. Subtract amount paid from other resources _$ 6,219,208 E. Adjusted debt.Subtract B,C and D from A. $ 30,754,093 43. Certified prior year excess debt collections.Enter the amount certified by the collector.19 $ 0 44. Adjusted current year debt.Subtract Line 43 from Line 42E. $ 30,754,093 45. Current year anticipated collection rate. A. Enter the current year anticipated collection rate certified by the collector.90 100.00 qb B. Enter the prior year actual collection rate 98.73 C. Enter the 2023 actual collection rate. 99.04 D. Enter the 2022 actual collection rate. 99.64 E. If the anticipated collection rate in A is lower than actual collection rates in B,C and D,enter the lowest collection rate from B,C and D.If the anticipated rate in A is higher than at least one of the rates in the prior three years,enter the rate from A.Note that the rate can be greater than 100%.31 100.00 46. Current year debt adjusted for collections.Divide Line 44 by Line 45E. $ 30,754,093 47. Current year total taxable value.Enter the amount on Line 21 of the No-New-Revenue Tax Rate Worksheet. $ 26,686,181,255 48. Current year debt rate.Divide Line 46 by Line 47 and multiply by$100. $ 0.115243 /$t00 49. Current year voter-approval M&O rate plus current year debt rate.Add Lines 41 and 48. $ 0.489611 /$100 D49. Disaster Line 49(D49):Current year voter-approval tax rate for taxing unit affected by disaster declaration.Complete this line if the taxing unit calculated the voter-approval tax rate in the manner provided for a special taxing unit on Line D41. Add Line D41 and 48. $ /5100 Tex.Tax Code 426.042(a) w Tex.Tax Code§26.012(7) "Tex.Tax Code 426.012(10)and 26.04(b) 10 Tex.Tax Code 426.04(b) "Tex.Tax Code 4426.04(h),(h-1)and(h-2) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 6 2025 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856 50. COUNTIES ONLY.Add together the voter-approval tax rates for each type of tax the county levies.The total is the current year county voter-approv- al tax rate. $ 0.000000 /$100 SECTION 3:NNR Tax Rate and Voter-Approval Tax Rate Adjustments for Additional Sales Tax to Reduce Property Taxes Cities,counties and hospital districts may levy a sales tax specifically to reduce property taxes.Local voters by election must approve imposing or abolishing the additional sales tax.If approved,the taxing unit must reduce its NNR and voter-approval tax rates to offset the expected sales tax revenue. This section should only be completed by a county,city or hospital district that is required to adjust its NNR tax rate and/or voter-approval tax rate because it adopted the additional sales tax. 51. Taxable Sales.For taxing units that adopted the sales tax in November of the prior tax year or May of the current tax year,enter the Comptroller's estimate of taxable sales for the previous four quarters."Estimates of taxable sales may be obtained through the Comptroller's Allocation Historical Summary webpage. Taxing units that adopted the sales tax before November of the prior year,enter 0. $ 0 52. Estimated sales tax revenue.Counties exclude any amount that is or will be spent for economic development grants from the amount of esti- mated sales tax revenue." Taxing units that adopted the sales tax in November of the prior tax year or in May of the current tax year.Multiply the amount on Line 51 by the sales tax rate(.01,.005 or.0025,as applicable)and multiply the result by.95." -or- Taxing units that adopted the sales tax before November of the prior year.Enter the sales tax revenue for the previous four quarters. Do not multiply by.95. $ 31,366,018 53. Current year total taxable value.Enter the amount from Line 21 of the No-New-Revenue Tax Rate Worksheet. $ 26,686,181,255 54. Sales tax adjustment rate.Divide Line 52 by Line 53 and multiply by$100. $ 0.117536 /$100 55. Current year NNR tax rate,unadjusted for sales tax.5 Enter the rate from Line 26 or 27,as applicable,on the No-New-Revenue Tax Rate Worksheet. $ 0.348065 /$100 56. Current year NNR tax rate,adjusted for sales tax. Taxing units that adopted the sales tax in November the prior tax year or in May of the current tax year.Subtract Line 54 from Line 55.Skip to Line 57 if you adopted the additional sales tax before November of the prior tax year. $ /$100 57. Current year voter-approval tax rate,unadjusted for sales tax.36 Enter the rate from Line 49,Line D49(disaster)or Line 50(counties)as applicable,of the Voter-Approval Tax Rate Worksheet. $ 0.489611 /$106 58. Current year voter-approval tax rate,adjusted for sales tax.Subtract Line 54 from Line 57. $ 0.372075 /$100 1 SECTION 4:Voter-Approval Tax Rate Adjustment for Pollution Control A taxing unit may raise its rate for M&O funds used to pay for a facility,device or method for the control of air,water or land pollution.This includes any land,structure,building, installation,excavation,machinery,equipment or device that is used,constructed,acquired or installed wholly or partly to meet or exceed pollution control requirements.The taxing unit's expenses are those necessary to meet the requirements of a permit issued by the Texas Commission on Environmental Quality(TCEQ).The taxing unit must provide the tax assessor with a copy of the TCEQ letter of determination that states the portion of the cost of the installation for pollution control. This section should only be completed by a taxing unit that uses M&O funds to pay for a facility,device or method for the control of air,water or land pollution. 59. Certified expenses from the Texas Commission on Environmental Quality(TCEQ).Enter the amount certified in the determination letter from TCEQ."The taxing unit shall provide its tax assessor-collector with a copy of the letter.38 $ 60. Current year total taxable value.Enter the amount from Line 21 of the No-New-Revenue Tax Rate Worksheet. $ 61. Additional rate for pollution control.Divide Line 59 by Line 60 and multiply by$100. $ /$100 "Tex.Tax Code§26.041(d) "Tex.Tax Code 426.041(I) "Tex.Tax Code§26.041(d) "Tex.Tax Code§26.04(c) "Tex.Tax Code§26.04(c) "Tex.Tax Code§26.045(d) "Tex.Tax Code 426.0450) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 7 2025 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856 62. Current year voter-approval tax rate,adjusted for pollution control.Add Line 61 to one of the following lines(as applicable):Line 49,Line D49(disaster),Line 50(counties)or Line 58(taxing units with the additional sales tax). $ /$100 SECTION 5:Voter-Approval Tax Rate Adjustment for Unused Increment Rate The unused increment rate is the rate equal to the sum of the prior 3 years Foregone Revenue Amounts divided by the current taxable value."The Foregone Revenue Amount for each year is equal to that year's adopted tax rate subtracted from that year's voter-approval tax rate adjusted to remove the unused increment rate multiplied by that year's current total value."'I The difference between the adopted tax rate and adjusted voter-approval tax rate is considered zero in the following scenarios: • a tax year in which a taxing unit affected by a disaster declaration calculates the tax rate under Tax Code Section 26.042;" • a tax year in which the municipality is a defunding municipality,as defined by Tax Code Section 26.0501(a);"or • after Jan.1,2022,a tax year in which the comptroller determines that the county implemented a budget reduction or reallocation described by Local Government Code Section 120.002(a)without the required voter approval." This section should only be completed by a taxing unit that does not meet the definition of a special taxing unit." 63. Year 3 Foregone Revenue Amount.Subtract the 2024 unused increment rate and 2024 actual tax rate from the 2024 voter- approval tax rate.Multiply the result by the 2024 current total value A.Voter-approval tax rate(Line 68) $ 0.380205 /$100 B.Unused increment rate(Line 67) $ 0.005682 /$1o0 C.Subtract B from A $ 0.354523 /$100 D.Adopted Tax Rate $ 0.360000 /$100 E.Subtract D from C $-0.005477 /$too F.2024 Total Taxable Value(Line 60) $ 25,298,237,554 G.Multiply E by F and divide the results by$100.If the number is less than zero,enter zero S 0 64. Year 2 Foregone Revenue Amount.Subtract the 2023 unused increment rate and 2023 actual tax rate from the 2023 voter- approval tax rate.Multiply the result by the 2023 current total value A.Voter-approval tax rate(Line 67) $ 0.344659 /$100 B.Unused increment rate(Line 66) $ 0.021245 /$100 C.Subtract B from A $ 0.323414 /$100 D.Adopted Tax Rate $ 0.342000 /$100 E.Subtract D from C $ -0.018586 /$ioo F.2023 Total Taxable Value(Line 60) $24,052,055,665 G.Multiply E by F and divide the results by$100.If the number is less than zero,enter zero $0 65. Year 1 Foregone Revenue Amount.Subtract the 2022 unused increment rate and 2022 actual tax rate from the 2022 voter- approval tax rate.Multiply the result by the 2022 current total value A.Voter-approval tax rate(Line 67) $ 0.363244 /$100 B.Unused increment rate(Line 66) $ 0.029786 Moo C.Subtract B from A $0.333458 /$100 D.Adopted Tax Rate $0.342000 /$100 E.Subtract D from C $-0.008542 /$100 F.2022 Total Taxable Value(Line 60) $21,693,026,463 G.Multiply E by F and divide the results by$100.If the number is less than zero,enter zero $ 0 66. Total Foregone Revenue Amount.Add Lines 63G,64G and 65G $ 0.000000 67. 2025 Unused Increment Rate.Divide Line 66 by Line 21 of the No-New-Revenue Rate Worksheet.Multiply the result by 100 $ 0.000000 Moo 68. Total 2025 voter-approval tax rate,Including the unused increment rate.Add Line 67 to one of the following lines(as applicable):Line 49,Line 50(counties),Line 58(taxing units with additional sales tax)or Line 62(taxing units with pollution) $ 0.372075 moo "Tex.Tax Code§26.013(b) "Tex.Tax Code§26.013(a)(1-a),(1-b),and(2) "Tex.Tax Code 4426.04(c)(2)(A)and 26.042(a) "Tex.Tax Code 4426.0501(a)and(c) "Tex.Local Gov't Code§120.007(d) "Tex.Local Gov't Code§120.007(d) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 8 2025 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856 SECTION 6:De Minimis Rate The de minimis rate is the rate equal to the sum of the no-new-revenue maintenance and operations rate,the rate that will raise$500,000,and the current debt rate for a taxing unit." This section should only be completed by a taxing unit that is a municipality of less than 30,000 or a taxing unit that does not meet the definition of a special taxing unit.45 69. Adjusted current year NNR M&O tax rate.Enter the rate from Line 39 of the Voter-Approval Tax Rate Worksheet. 70. Current year total taxable value.Enter the amount on Line 21 of the No-New-Revenue Tax Rate Worksheet. $ 71. Rate necessary to impose$500,000 in taxes.Divide$500,000 by Line 70 and multiply by$100. $ /$100 72. Current year debt rate.Enter the rate from Line 48 of the Voter-Approval Tax Rate Worksheet. $ /$100 73. De minimis rate.Add Lines 69,71 and 72. $ /$to0 SECTION 7:Voter-Approval Tax Rate Adjustment for Emergency Revenue Rate In the tax year after the end of the disaster calculation time period detailed in Tax Code Section 26.042(a),a taxing unit that calculated its voter-approval tax rate in the manner provided for a special taxing unit due to a disaster must calculate its emergency revenue rate and reduce its voter-approval tax rate for that year.'° Similarly,if a taxing unit adopted a tax rate that exceeded its voter-approval tax rate,calculated normally,without holding an election to respond to a disaster,as allowed by Tax Code Section 26.042(d),in the prior year,it must also reduce its voter-approval tax rate for the current tax year.49 This section will apply to a taxing unit other than a special taxing unit that: • directed the designated officer or employee to calculate the voter-approval tax rate of the taxing unit in the manner provided for a special taxing unit in the prior year;and • the current year is the first tax year in which the total taxable value of property taxable by the taxing unit as shown on the appraisal roll for the taxing unit submitted by the assessor for the taxing unit to the governing body exceeds the total taxable value of property taxable by the taxing unit on January 1 of the tax year in which the disaster occurred or the disaster occurred four years ago.This section will apply to a taxing unit in a disaster area that adopted a tax rate greater than its voter-approval tax rate without holding an election in the prior year. Note:This section does not apply if a taxing unit is continuing to calculate its voter-approval tax rate in the manner provided for a special taxing unit because it is still within the disaster calculation time period detailed in Tax Code Section 26.042(a)because it has not met the conditions in Tax Code Section 26.042(a)(1)or(2). 74. 2024 adopted tax rate.Enter the rate in Line 4 of the No-New-Revenue Tax Rate Worksheet. $ /$100 75. Adjusted 2024 voter-approval tax rate.Use the taxing units Tax Rate Calculation Worksheets from the prior year(s)to complete this line.If a disaster occurred in 2024 and the taxing unit calculated its 2024 voter-approval tax rate using a multiplier of 1.08 on Disaster Line 41(D41)of the 2024 worksheet due to a disaster,complete the applicable sections or lines of Form 50-856-a,Adjusted Voter-Approval Tax Rate for Taxing Units in Disaster Area Calculation Worksheet. - or- If a disaster occurred prior to 2024 for which the taxing unit continued to calculate its voter-approval tax rate using a multiplier of 1.08 on $ /$100 Disaster Line 41(D41)in 2024,complete form 50-856-a,Adjusted Voter-Approval Tax Rate for Taxing Units in Disaster Area Calculation Worksheet to recalculate the voter-approval tax rate the taxing unit would have calculated in 2024 if it had generated revenue based on an adopted tax rate using a multiplier of 1.035 in the years following the disaster.Se Enter the final adjusted 2024 voter-approval tax rate from the worksheet. - or- If the taxing unit adopted a tax rate above the 2024 voter-approval tax rate without calculating a disaster tax rate or holding an election due to a disaster,no recalculation is necessary.Enter the voter-approval tax rate from the prior year's worksheet. 76. Increase in 2024 tax rate due to disaster.Subtract Line 75 from Line 74. $ /$100 77. Adjusted 2024 taxable value.Enter the amount in Line 14 of the No-New-Revenue Tax Rate Worksheet. $ 78. Emergency revenue.Multiply Line 76 by Line 77 and divide by$100. $ 79. Adjusted 2024 taxable value.Enter the amount in Line 25 of the No-New-Revenue Tax Rate Worksheet. 80. Emergency revenue rate.Divide Line 78 by Line 79 and multiply by$100.51 $ /$100 "Tex.Tax Code§26.04(c)(2)(B) "Tex.Tax Code§26.012(8-a) "Tex.Tax Code§26.063(a)(1) "Tex.Tax Code§26.042(b) "Tex.Tax Cade§26.042(f f°Tex.Tax Code§§26.42(c) "Tex.Tax Code§§26.42(b) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 9 2025 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856 81. Current year voter-approval tax rate,adjusted for emergency revenue.Subtract Line 80 from one of the following lines(as applicable): Line 49,Line D49(disaster),Line 50(counties),Line 58(taxing units with the additional sales tax),Line 62(taxing units with pollution control) or Line 68(taxing units with the unused increment rate). $ /5100 SECTION 8:TotalTax Rate Indicate the applicable total tax rates as calculated above. No-new-revenue tax rate. $ 0.348065 /$100 As applicable,enter the current year NNR tax rate from:Line 26,Line 27(counties),or Line 56(adjusted for sales tax). Indicate the line number used: 26 Voter-approval tax rate $ 0.372075 /5100 As applicable,enter the current year voter-approval tax rate from:Line 49,Line D49(disaster),Line 50(counties),Line 58(adjusted for sales tax), Line 62(adjusted for pollution control),Line 68(adjusted for unused increment),or Line 81(adjusted for emergency revenue). Indicate the line number used: 68 De minimis rate $ /5100 If applicable,enter the current year de minimis rate from Line 73. SECTION 9:Taxing Unit Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the governing body of the taxing unit.By signing below,you certify that you are the designated officer or employee of the taxing unit and have accurately calculated the tax rates using values that are the same as the values shown in the taxing unit's certified appraisal roll or certified estimate of taxable value,in accordance with requirements in the Tax Code.sz print here' Larry Gaddes PCAC, CTA Printed Name of Taxing Unit Representative sign here nrO( 8/4/2025 Taxing Unit Representative Date "Tex.Tax Code 4426.04(c-2)and(d-2) Date amended: 08/04/02025 For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 10 EXHIBIT Form 50-882 Certification of Additional Sales and Use Tax to Pay Debt Services THE STATE OF TEXAS, County of Williamson Chief Financial Officer or Auditor: Kevin Klosterboer For the taxing unit: City of Round Rock Hereby certifies that the amount of additional sales and use tax revenue collected to pay debt service has been deducted from the total amount described by Tax Code Section 26.05(e-1),26.04(e)(3)(C)and 26.05(a)(1). This certification is submitted to the governing body of City of Round Rock on 8/11/25 Signature withheld for security purposes Signature of Financial Officer or Auditor Form developed by:Texas Comptroller of Public Accounts,Property Tax Assistance Division For additional copies,visit: comptroller.texas.gov/taxes/property-tax ,, - �, _` AO. ,. _ lima J ROUND ROCK 'Cs 4140. 4 CITY OF ROUND ROCK y BUDGET HIGHLIGHTS Fiscal Year 2026 Components Highlights for FY 2026 •The total Citywide FY 2026 Proposed Budget is$789.7 million. •Fire Station 10 is expected to be complete Fall 2026, enhancing •Each February, City Council updates and affirms the City's six emergency response for Northeast Round Rock. Design plans strategic goals. The proposed budget is focused on furthering the are underway for Fire Station 11 and Phase 2 of the Public Safety progression of these goals. Training Center,featuring an expanded driving track and additional classroom space to better support first responder training. •The City employs 1,233 full-time employees and is adding 29 new positions for FY 2026,to continue to remain committed to delivering •Construction will continue on multiple Old Settlers Park voter- top-notch customer service and support to our community. approved bond funded projects including the Lakeview Area • Of the 29 new positions,10 are Police Officers and 6 are Firefighters Improvements and Pavilion, Rock'N River expansion, Athletic reinforcing our commitment to public safety and helping keep Performance Center, Track and Field Facilities, and Multipurpose Round Rock among the safest cities in the nation. Complex expansion. •Sales tax revenues totaling$111.5 million will fund key City services, Work on Heritage Trail East,estimated to be complete in FY 2027, improve transportation infrastructure, and support key economic will complete the City's west to east trail system. Construction will development initiatives. kick off on the new Town Green Downtown Park in FY 2026,and •Property tax revenues of $99.2 million will help fund vital City exciting upgrades are coming to the Play for All Abilities Park. services including fire,police, parks,and the library as well as cover •An estimated $161.7 million will be allocated to the City's road debt payments that support these community priorities. expansion program, bringing major improvements to County •Round Rock's taxable assessed value has grown to $26.7 billion, Road 112,Greenlawn Boulevard, parts of Gattis School Road, Harrell up from $25.3 billion in FY 2025, reflecting strong residential and Parkway, Eagles Nest, Old Settlers Boulevard, Red Bud Lane, and commercial growth and supporting the City's reputation as a Wyoming Springs. thriving,sought-after community. •Additional Arts funding provides for an Arts Receptionist for the new Arts Center in the Griffith Building that is currently under Property Tax Information construction and expected to open in late 2025. Funding has also been approved for new,custom art sculptures. The proposed property tax rate is an increase of 2.4 cents or 6.9%. This .Expansion of the Sports Center, made possible through voter- increase funds new police officers to maintain public safety,additional approved fire staff,as well as funding for the voter-approved bond projects. PP bond funding,is nearing completion bringing more space for athletes and visitors to enjoy. $0.372 $395,240 $1,470 •The City is investing $33.8 million to upgrade water, wastewater, and stormwater systems ensuring reliable service and a cleaner, Proposed Median Median Annual Tax Rate Home Value City Tax Bill more resilient community for everyone. Taxable Value/Property Tax Revenue by Source Public Meetings and Hearings Round Rock enjoys a diverse and growing economy with development Location:221 E Main St.Round Rock,78664 of all types continuing across the City. The City's strong business base means single family homes pay only 19% of General Fund revenues August 14,6:00pm-Council Meeting needed for City services. Commercial properties make up only 8%of •Action to publish and propose max tax rate and to set public taxpayers,but contribute 49%of total property tax revenues. hearings Taxable Property August 28,6:00pm-Council Meeting ******* •Budget&Tax-Public hearing and first reading of ordinance September 11,6:00pm-Council Meeting Single Family Residential 92% Commercial 896 •Budget&Tax-Final adoption Taxable Value/Property Tax Revenues by Source **** For more information regarding the FY 2026 Proposed Budget,visit: www.roundrocktexas.gov/budget Single Family Residential 51% Commercial 49% r4111ROUND ROCK TEXAS 1040 , . ._. .w .� "3*,, ROCHilit - - -. , . f 111111o3 0.' - — 1 I 9 , �!► � ; r ;; sue. I. _ _ �. ' r. . , r • r ‘.. - ^ . \ -.:1; , .,..: A ' 1 3 •, '11.1. , -.,- ,} ' i' IP „v 4::,,,r. ,-. .,... _A. \1.4' . '4, � +� '9. 1ts Y 4h t ' +` yY CITY OF ROUND* ROCK BUDGET IN BRIEF FY 2026 • •E- r ,r,!-'1-.4.?47.'-'':.• ..,,---t,'- - ,ei4:-...f,.;.v.v.,-,.. The City of Round Rock's vision is to be: • A Family-Friendly and Safe Community with a Strong p' - ..., Sense of Community it • Strong Local Economy including recognition as the "Sports Capital of Texas" and a Technology and Educational Destination • Vibrant and Dynamic Downtown, choice of Great Neighborhoods and Leisure Experiences for All •a 41 1 1. .i Lk_1-,,zil t-i.MOT ...d t.1k, li....".:Saiii '7,....4.,, ..... ''' ...n. - • . . -, ,,,,„ ....------?...- -7.', '' " '-- , .. .,, ,.,..0.... ,. ...mosio, -...- a ..." a., .. .. . . . .... ,,,...2, 4 11111;- 1.116,,,,,orpoommiimores....' .....411111111...!. --.'.4!!7!:-.. ,...--- -,..... 4,1.4 . '' • , - -. „_. . . 4 , .... ••- .... --'e: - :----y-- , Oft' '.3 _. ..-„,. . - .... .. , :i.,....-. ....., , -.... rtse......r.„.....r..., :- . •— - - .-' -.-.._ •.,_,._ _ -7-........, 44iii , . _- . '• - -:•_-- -•.-- - _----c • ,.__ ...„ -• ...,- 11. 5 .- "7411030,616. , 4, , -..... .....-- - -. •,•..:..,-,,1,,"-:7)..-:- -- - _ . :F ,. -, ,1&. 7,..1•4•1..1..-0-sr.‘'`..•--•.- - :. 4=._,,sWI.4II4M-lPRiAairaftt"a.i.,..,a=t...p.:..--'-,-;, ., ......,-.--•• •----,:.. -:`' •Ji._-b_. - 7- --,,,,--- . ; 4- _. 7 . _ . 1 - .-. Sc _ ,. _ IA ' ' ' 4 -s,!:'"it'-.:. ..L... ...:.. -''.-' -': ---7 : " ..*.s. -.7'. ..'- . ---:= '. ' . ' .'4:'' 1 41'7'," '% ,•';'.'...Sk`- Ik ili,:' :* -. 4011. :iitc-k-_-_ -. . - .>,...;1-..,... 4--,i, .-.. s;.., 7- : - •-.,;.,. .•.c.-,-- --'.' • .--,. ;,2p.. ,:-- ,.,‘t...--_.:4;-:•,.‘,;:•_:-,•4..1.. -_,...,,•--.-•4..•.,•-0 ••-.......:-• •-. .:.,- . - --_:,.._ -_-, - -. _ .,• _r, • .,••••.*, ; • . ,,. , -•. i'i_ . .„---_--, ........-;,1,..-itiw.L4,7., 4;7";,, „,, ..,' .1".,..;;;.- :, - .-- --L=_,.---_---- - ‘-'-' -.'S ----'._ ' S. elil..:11. .5 ... ' . _-,. L- ...-• ',,:•';44,-..._.' ;'''..y .o..*: ._:". ';' :.' -.7:i, ': 7 ; 7-', .41, ' :,-:,•':::. - __ ---------.___-. ,. . ( • ,.. • . _ 'N4 . , s. -:'.-4-'s-,:,.,N, . ,-1 ;, ‘ .. 'iV• ISNII4s.,..144..--ti.-7' ••••• : -..4-.. . ,... ,",.'«;. 4:I.,' ---==.• o-- . , -•'' . • -- ...-4,- ,-' .,‘" • , ' .. •. . •--. . - .. _.- ,, ,,.... , , .. ." `. .•- ' 4 i't4.4.S ,,-;;- r-ellir, . -,..a! , . ,.. • ",-, ' • 'I.....7,0,. .• ' --)e- - • — - -- -..... .. .., . ; " - • 4. - `"- - •• ". , .".;.. ':;•'..:.:"..":-.-.--'•:).- ..` , . .. - .• /14'. ' - , . . . , -- _ -' • •.,•- : - - _...... 7, .„. - - — —-- --Zir-'-, - "4-17C , ,_ sum Introduction �.. DER 114 Dear Round Rock Residents, I am pleased to present the City of Round Rock's proposed budget for fiscal year October 1, 2025 through September 30, 2026. This budget outlines planned expenditures and projected revenues across all City funds. This document, along with our ongoing conversations, reflects our commitment to maintaining high-quality services and advancing the City Council's vision of keeping Round Rock among the top cities in the nation. Our community continues to thrive thanks to smart long-term planning and a resilient spirit. We are on the right path, and I am continually inspired by Round Rock's ability to achieve great things, even in the face of challenges. Strategic Priorities In February 2025, the City Council affirmed Round Rock's 6 strategic goals. The total proposed budget of$789.7 million is focused on furthering these goals listed below: Strategic Goals for FY 2026 p Financially Sound Authentic City Providing Downtown - High Value Exciting Services Community Destination • ♦ Infra tructure: p w�` Desirable ♦ Today and for /� Neighborhoods - OTomorrow // \\ Old and New 0 0 Great "The Sports li&h:1 Community to G /\, � Capital of Texas" Live for Tourism and IResidents The City's most recent biennial citizen survey highlighted that traffic and transportation continues to be a top concern of our community. While major improvements to IH-35, SH 45, and US 79 remain under the jurisdiction of the Texas Department of Transportation (TxDOT) and outside the scope of our City budget, this proposed budget does include significant funding for improvements to the City's transportation network that will provide relief to our residents. Some of these improvements include: • Continued annual funding for neighborhood street maintenance with $4.3 million for FY 2026. Since 2015, the City has allocated $49.6 million to maintain neighborhood streets. • Round Rock will spend $161.7 million on its road expansion program with major construction including County Road 112, Greenlawn Boulevard, sections of Gattis School Road, Harrell Parkway, Eagles Nest, Old Settlers Boulevard, Red Bud Lane, and Wyoming Springs. Introduction 441171L464°.; OCR Round Rock's recreation and park amenities set our City apart from many municipalities. The FY 2026 Proposed Budget includes funding for improvements and connections to these amenities that will continue to make Round Rock distinctive. Some of these improvements and connections include: • Trail connectivity. Significant work is underway on East/West trail connections with expected completion of Heritage Trail East in 2027. This will complete the City's west to east trail system. • Construction continues on multiple Old Settlers Park 2023 voter-approved bond funded projects including, Lakeview Area Improvements and Pavilion, Rock'N River expansion,Athletic Performance Center,Track and Field Facilities, and the Multipurpose Complex expansion. • Sports Center expansion, another 2023 voter-approved bond project, is underway and estimated to be complete Fall 2025. • Continued funding of our ever popular, family-friendly events including the Fourth of July Parade, Hometown Holiday Lights, Light up the Lake, Music on Main, Arts Fest and more. The City continues to invest in the historic downtown in FY 2026 with new facilities and upgraded infrastructure in the heart of our community. Some of these upgrades include: • Remodel of the Griffith Building &Paseo, currently under construction,to house the Round Rock Chamber of Commerce, Convention & Visitor Bureau and the Arts Center. Funding is also included for a Downtown Arts Receptionist, an Art Sculpture for the Paseo, and a Chihuly Chandelier for the new Arts Center at the Griffith Building. • Addition of park land and trail connectivity situated along Brushy Creek on the north side of Downtown. • Town Green Downtown Park construction is estimated to begin September 2025.Town Green will transform the space around the iconic water tower, bringing open lawns, plaza seating, beautiful landscaping, vendor areas, and more to the heart of downtown. Round Rock's widely popular recreation and culture programs have seen a large increase in participation and attendance. To maintain these high-value programs and events provided to our citizens, this year's proposed budget includes two new employees to join the City's award-winning Parks & Recreation Department. Public Safety remains a top priority for the City Council and Round Rock consistently ranks as one of the safest cities in the nation. This proposed budget also includes funding for several initiatives to secure the highest level of public safety for years to come with 17 total new positions, including: • Ten Police Officers to assist with the growth in demand for policing services,as well as one Law Enforcement Support Technician. This will allow the department to maintain its ability to conduct proactive patrol of the City and maintain its existing response time to priority calls and create a new patrol district. • Additional staff consisting of six new Firefighters aimed to improve the current staffing factor to keep up with the growing demand of the Fire department. • Construction is underway for 2023 voter-approved bonds for public safety. Fire Station 10 is expected to be complete Fall 2026. Design plans are underway for Fire Station 11 and Phase 2 of the Public Safety Training Center, featuring an expanded driving track and additional classroom space to better support first responder training. Brooks Bennett, City Manager CI) : ' ) Citywide Budget (ill aCH 1101 The Fiscal Year 2026 Proposed Budget totals $789.7 million. The expenses are categorized in the chart below: Community Investment Program 53.0% General Fund 8.8% Utility and Stormwater Funds Principal & Interest-/ Other Funds Proposed Property Tax Rate The proposed property tax rate for FY 2026 is $0.372 per $100 of valuation, 1.2 cents more than the FY 2025 nominal rate of$0.360. • The proposed rate of$0.372 is an increase of 2.4 cents or 6.9% above the no-new-revenue tax rate of$0.348. This increase will fund additional police officers and firefighters to maintain strong public safety and pay debt payments for voter-approved bond projects. • New property valued at $539.5 million was added to the property tax roll since last year. This amount of new property will generate $2.0 million in additional property tax revenues for FY 2026. • The City's tax rate is approximately 20% of the average property owner's tax bill. The median taxable home value in Round Rock for FY 2026 is $395,240. An owner of a median taxable value home will pay $123 per month in City property taxes for next year. Sales tax continues to be an important revenue thanks to the strong local economy. Sales tax revenues help the property tax rate as well. • Built into the 2% local option sales tax rate is a half-cent for property tax reduction. • The half-cent sales tax reduces the property tax rate for FY 2026 by 11.8 cents. That saves the median homeowner $39 a month or 24% on their monthly City tax bill. General Fund Revenues Roc.. The City's General Fund Revenues come from a wide variety of revenue sources. A more detailed look at the General Fund Revenues is available in the FY 2026 Budget Workshop on the City's website. Property Tax Sales Tax $67.0M $75.0M For every $100 in purchases The City's property taxes by visitors, residents, and help cover many of our core businesses, the City collects services including police, fire, $2 in sales tax revenues. transportation, parks and The General Fund gets recreation, and the library. $1.50 and the remaining Over the past five years, 50 cents goes to the the City has opened five 41% Type B Fund to pay for fire stations, added 45 new roads and economic firefighters and staff, added development. Round 54 new police officers and Rock's unique mix of staff, and has opened the new destination shopping Public Safety Training Facility and corporate - all thanks in part to property headquarters generates tax revenues. sales tax revenues that help reduce the property 22% tax burden. Other Revenues $38.9M Over 100 different revenue sources make up the remainder of General Fund revenues including fees for the City's many recreation programs, building permits, and other services. Some of these are large, like the Electric Franchise Tax revenues budgeted at $4.5 million and City Swimming Pool revenues budgeted at $1.5 million. Property Tax Base Taxable Property Round Rock enjoys a ._._._. diverse and growing y *******econom with ---- development of all Single Family Residential Commercial types continuing across 92% 8% the City. Single family homeowners will pay Taxable Value/Property Tax Revenue by Source $34.2 million in City property taxes in FY .... .... .... .... 2026 - 19/o of total .... .... .... .... General Fund revenues. .... .... .... .... Single Family Residential Commercial 51% 49% 4 . r,u , ` General Fund Expenses °cx hut The City's General Fund operating expenses in the FY 2026 Proposed Budget total $180.8 million. A more detailed look at the General Fund Expenses is available in the FY 2026 Budget Workshop on the City's website. Transportation, Planning, and Community Public Safety & Neighborhood Services $92.5M $22.7M The Round Rock Police Transportation, Planning, and C&NS Department and the Round are responsible for planning and Rock Fire Department are managing the City's growth always top priorities for City and quality. This includes Council in prioritizing General Fund expenses. The police, economic development 13% fire, emergency medical, and neighborhood street maintenance. and Crisis Response Unit continue to make Round Recreation & Rock one of the safest Culture cities in the country. $25.3M 14% The Parks and Recreation and Library Departments offer the high-quality recreation and cultural services that Round Rock's 6% 6% residents have come to expect. General Services $10.9M Support Services The General Services Department $29.4M is responsible for overseeing fleet Support Services departments in the General Fund include operations, building construction, repair Administration, Communications, HR, IT, and Finance. These and maintenance of City facilities and will departments provide support to all City divisions and functions oversee many projects from the voter across all funds. approved 2023 General Obligation Bonds. ?, ',` 44N---�P4 A _ r,,,La ems, 111 111115A*0A p _ ,, ?:r.....ijinn.= —_-'.- I ..4W 0 `w Community Investment Program Ro.H 3 The City has a five-year capital plan that enables long-range, strategic planning for maintenance, improvements, and expansions to the City's infrastructure. The total cost of the capital plan included in the FY 2026 Proposed Budget over the next five years is $1.1 billion. With our conservative approach to financial planning, 50% of our planned capital projects will be debt-financed. 47% of the five-year capital plan will be cash funded, while 3% will come from cost sharing with other local government partners. Other Projects Recreation and $152.9M Culture Other projects include future fire stations, construction $215.5M 14% of new City facilities, and Extensions to the City's trail other necessary capital system are well underway. Via w improvements. Many projects approved in t ' ���' the 2023 voter-approved GO Bonds are under construction including the Old Settlers Park Buildout, Rock'N River 36% improvements and the Utilities and Sports Center expansion. Stormwater Transportation $405.1 M $354.OM The water, wastewater, and Road improvements and stormwater systems have some p big capital projects under way, expansions will improve the including expansions to the regional City's transportation infrastructure. water and wastewater systems. Major roadways for expansion include County Road 112, Greenlawn Boulevard, sections of Gattis School Road, Harrell Parkway, Eagles Nest, Old Settlers Boulevard, Red Bud Lane, and Wyoming Springs. Major Capital Projects - Estimated Total Projects Completion Date Project Cost Flats Park FY 2029 19.0M y'7'-"T' _ ' - Clay Madsen Remodel/Expansion FY 2028 20.0Mt- i. + Heritage Trail East Expansion(along Brushy Creek) FY 2027 12.8M _ y Old Settlers Park Buildout* FY 2027 148.6M _ _ — - Harrell Parkway and Apex Fields FY 2026 49.6M — - s,►"� :�- ' Multipurpose Complex Expansion FY 2027 60.0M Sports Center Expansion FY 2026 22.0M r L - a Fire Station No.10 FY 2027 11.0 M �.� ".....^-: 4* it Public Safety Training Center Phase 2 FY 2027 25.084 " �.: County Road 112-AW Grimes to CR110 FY2026 50.8M �,,,y+�( BCRUA Phase 2 Deep Water&Raw Waterline Construction FY 2028 84.7M ''-"%' 7, Brushy Creek Regional Wastewater Treatment Plant 40MGD Expansion FY 2030 125.0M a ,dr;_.: : ✓ *Includes.Athletic Performance Center,Track and Field Facilities,Tennis/Pickleball Courts,Lakeview Area Improvements and Pavilion,and Rock'N River expansion '�II pe w T... 4jerb* Utilities and Stormwater j'` -OCR I Round Rock operates water, wastewater, and stormwater systems that serve over 40,000 customers, plus 12 wholesale customers. Retail water and wastewater rates will increase as approved in FY 2025 through FY 2027. Commercial stormwater rates will increase for FY 2026 (year 2 of 3, $0.23 per year). Utility and Stormwater Funds Expenses .. ACCOUNT STATEMENT Utility Billing Department CID-ACCT P DUE DATE AMOUNT DUE Water 221 East Main Street Round Rock TX 78664 07/24/2025 $87.44 $69.1 M ROUND ROCK itxAs The City ACCOUNT INFORMATION Wastewater provides water Account Name: $22.8M to over 170,000 Current Statement Date: 07/06/2025 Last Payment: 06/09/2025 The City's Last Payment Amount: -$83.00 people within Penalty Applied After 07/24/2025 wastewater the City's service CURRENT CHARGE SUMMARY system includes area. The water Water $40.58 over 12,000 Wastewater $18.32 system includes Solid Waste $22.14 manholes, Miscelover 710 miles BalanceFororward $oo6 516 miles of of water lines, CONTACT INFORMATION TOTAL AMOUNT DUE $87.44 wastewater lines, For inquiries call: (512)218-5460 Total Due After 07/24/2025 $<,, 11 pumping Hours of Operation: Monday-Friday 800 a.m.-5:00 p.m. 12 lift stations, stations, and 20 Emergency After-Hours: (512)218-5555 a reuse water 24-Hour Drop Box: Located on the southeast side of City Hall water tanks. Pay by phone: 1-855-894-2392 WATER CONSUMPTION system, and Make a payment online at: roundmcklexas.gov/paymybill .,:q.,. IMPORTANT MESSAGE 5 I ; two wastewater - on I 111■1 DTI I treatment plants. — 111111791111 "7I11111R'111111 Stormwater The stormwater utility accounts for all aspects of the stormwater program associated $9.3M with stormwater drainage, floodplain management, and water quality management. Utility and Stormwater Revenues pm Utility rates are structured to generate sufficient revenues to sue. . fully cover the operations, maintenance, rehabilitation, and i 6. expansions to the water, wastewater, and stormwater systems. / Charges for Utility Services $70.4 M , Impact Fees 7.0 M � T' 715''. ARPA Funding 0.8 M �_;,. Contracts &Other 37.3 M at+,'�; " Total Revenues $115.5 M 9 411711!4*, • Hotel Occupancy & �« Sports Center (Venue Tax) Funds lb Tourism is a big deal in Round Rock, especially for a City of our size. We have over 4,900 hotel rooms with another 124 under construction.Visitors come to Round Rock for the wide-range of indoor and outdoor sporting events held in the Sports Capital of Texas; for our destination-based retail including the Round Rock Premium Outlets; Kalahari Resort and Convention Center; and for the variety of restaurants, outdoor adventures, and numerous major businesses.Visitors who come and stay overnight in a Round Rock hotel pay a 9%City occupancy tax that is split between our two tourism-related funds:the Hotel Occupancy Tax Fund (7%)and the Sports Center(Venue Tax) Fund (2%). Hotel Occupancy Tax Fund The Hotel Occupancy Tax Fund has a FY 2026 Proposed Budget of$9.1 million which includes the Convention &Visitors Bureau, Arts, and Historic Preservation. The fund also supports the following attractions in Round Rock: `--` 11 The Dell Diamond, opened in 2000, is consistently recognized as one of the best minor league stadiums in the U.S. and has one of the highest attendance rates. Renovations at the Dell Diamond added 8,500 square feet of space, featuring a new visitors' clubhouse, female specific locker rooms, coach offices, and storage areas. The Round Rock Multipurpose Complex, opened in May 2017, is about to undergo an expansion.This project will construct six additional fields and collegiate level press boxes to provide more space for local team practices and draw additional tournaments for sports tourism. The project will also include relocation of the existing tennis complex to 10 acres located just off Old Settlers Blvd. and North Red Bud Lane. Since its inception it has hosted dozens of regional tournaments, national tournaments for U.S.Women's Lacrosse and Quadball, and has previously hosted national tournaments of NIRSA National Flag Football Championships, NIRSA Soccer National Championships, and Big 12 Women's Soccer Championships. Sports Center (Venue Tax) Fund The Sports Center has a FY 2026 Proposed Budget of$10.5 million, which includes $0.5 million for capital improvements. - _ The 82,800 square foot Round Rock Sports Center opened in January 2014 and has been the host of a multitude of sporting events as well as banquets, wedding expos, corporate meetings, and other events that bring visitors to Round Rock. The facility is currently undergoing an expansion that will add 25,000 square feet, scheduled to be completed in Fall 2025, as part of the voter-approved bond projects. 10 How to Become Involved in 0°Hn the Budget Process hi , The City of Round Rock values public participation in the budget and property tax rate setting process. There are opportunities for participation by attending public City Council meetings where the budget will be discussed as well as online engagement through Facebook and X. The City also hosts public hearings, neighborhood, and community meetings throughout the year on targeted programs. The feedback from all of those meetings is important to the annual budget process. Public Meetings & Hearings • August 14, 6:00pm - Council Meeting - Council took action to publish and • propose a property tax rate for FY 2026 and formally set the date and time for Alb the budget and tax rate public hearings. • • • • August 28, 6:00pm - Council Meeting - Council agenda will include public e•••e•• hearings for the budget and tax rate and first readings of the budget and tax E���♦�� rate ordinances. • September 11, 6:00pm - Council Meeting - Council agenda will include the final adoption of the budget and tax rate ordinances, as well as the action to ratify the property tax rate. Public hearings will be held at Round Rock City Hall, 221 E. Main Street Online Engagement • The City always welcomes questions and comments through Facebook, X, email, 4011111111111% OM% and the City's blog at roundrocktexas.gov/blogs. • Stay tuned to the City's Facebook and X feeds and the news archive on 40% roundrocktexas.gov/budget for more information. • For more information on how the City's property taxes may impact you, go to: • roundrocktexas.gov/budget • williamsonpropertytaxes.org/tax • travistaxes.com A more detailed look at the ❑ - .- CI r; FY 2026 Proposed Budget - ;i is available on the City's website at -a - • roundrocktexas.gov/budget El r 0 7' P. • •• •7, ROUND ROCK TEXAS FY 2026 Proposed Budget in Brief I City of Round Rock I roundrocktexas.gov/budget