Williamson County commissioners adopted the fiscal year 2026-27 budget and tax rate at the Commissioners Court meeting Sept. 1.
The $712.94 million budget is supported by a tax rate of $0.421547 per $100 valuation, the no-new-revenue tax rate.
Explained: The no-new-revenue rate calculates the property tax rate that would generate the exact same amount of revenue as last year from existing properties. Williamson County’s current tax rate is $0.413776 per $100.
Under the newly adopted rate, which goes into effect Oct. 1, Williamson County property owners will likely see a decrease on their county tax line, officials said. The average homestead will pay about $28, or 1.49%, less per year than in the current fiscal year, according to a county news release.
Digging deeper: The county budget consists of the general fund, road and bridge fund, and debt service. Commissioners approved a general fund budget of $405.65 million, $75 million for the road and bridge fund, and $232.3 million for debt service.