Randolph Texas Development

Council approves FY 2026 budget and borrowing

Leander City Council unanimously approved the FY 2026 budget and authorized up to $132.1 million in Combination Tax and Revenue Certificates of Obligation for fire stations, streets and trails, water and wastewater systems, and parks. The adopted property tax rate is $0.417282 per $100 of valuation, unchanged from last year, while total property tax collections are expected to increase 9.1% because of higher property values and new improvements.