The Hutto City Council approved its budget and tax rate for the upcoming fiscal year at its Sept. 3 meeting.
What you need to know: The $315.1 million city budget is supported by a tax rate of $0.397011 per $100 valuation, the city’s no-new-revenue tax rate. This is higher than the 2025-26 tax rate of 0.385928.
The rate will still generate $1.35 million more in property tax revenue for the city than the previous year due to new property growth and development, Mayor Mike Snyder said.
The median-valued homestead property in Hutto dropped from $351,580 in 2025-26 to $329,770 in 2026-27. Because commercial property valuations dropped more sharply than residential ones, a larger proportion of the tax burden has shifted onto homeowners, City Manager James Earp said.
Dig deeper: Hutto’s FY 2026-27 capital improvement plan contains more than $214 million in investments. Projects include roads, intersections, sidewalks, parks, police and public safety facilities, water and wastewater infrastructure, and drainage.
The proposed general fund budget totals about $37.3 million in revenue and expenditures.