The City of Rio Grande’s adopted FY 2025‑2026 budget shows a property‑tax increase of $607,150 (14.11 %) over the prior year, adds $186,948 from newly‑taxed property, and records a total debt obligation secured by property taxes of $1,204,500. The document also compares tax rates for FY 2025‑2026 and FY 2024‑2025, explains how the city’s funds are organized, and outlines priority programs such as hiring more firefighters, expanding a food‑pantry, and creating a street‑paving department.
| Property tax revenue increase | $607,150 (14.11 % increase) |
| New property tax revenue from added property | $186,948 |
| Total debt obligation secured by property taxes | $1,204,500 |
| Property Tax Rate FY 2025‑2026 | $0.530000 per $100 |
| Voter‑Approval Tax Rate FY 2025‑2026 | $0.507367 per $100 |
| Debt Rate FY 2025‑2026 | $0.136887 per $100 |
| No‑New‑Revenue Tax Rate FY 2025‑2026 | $0.481273 per $100 |
| No‑New‑Revenue Maintenance & Operations Tax Rate FY 2025‑2026 | $0.345566 per $100 |