What timeline does the budgeting process have to follow?

Town budgets must follow a specific timeline outlined by the State of Texas. Once the Town staff prepares a proposed budget, a notice will be filed. The Budget Sub-Committee will then meet, discuss the budget, and recommend the proposed budget and property tax rate. A notice will be published on the proposed budget. Following a 5-30 day filing period, a public budget hearing will be held at a Town Council meeting. The tax levy will be determined by September 30. The Town Council must then adopt the budget and make appropriations. To view the full FY 23 budget calendar, click here

Budget Process F

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1. Why do cities/towns engage in the budgeting process?
2. Who is involved in the budget process?
3. What are the laws surrounding local government budgets in Texas?
4. What timeline does the budgeting process have to follow?
5. Where can I learn more?
6. I own a house in TC and it’s time for the Town to set the FY 23 Tax Rate. How does the process work?
7. Can you explain TC's NEW terminology used related to property tax?
8. What about the PID? How is it assessed?