The Carrollton City Council has given the green light to the Fiscal Year 2026 budget and, in what marks the 12th consecutive year, has decided to cut the city's property tax rate. Starting from October 1, property owners can expect to feel a lightened financial load with the new tax rate set at $0.537500 per $100 assessed value – the lowest the city has seen since 1989. For those aging or living with disabilities, the Senior and Disabled Exemptions have climbed from $97,000 to a more forgiving $110,000.
Homeowners with an average homestead market value sitting at $430,061 will run into an average taxable value of $352,744. Utilizing a 20 percent exemption and factoring in the value caps, their taxes will tally up to $1,896, which, while a $98 bump from last year's $1,798, might be seen as a modest uptick given the lower tax rate. The city's approach to infrastructure management is quite straightforward – juggle capital debts and roll with a pay-as-you-go plan for certain improvements, big or small, all sorted under maintenance and operations in the budget.
In other financial adjustments, the city council approved new solid waste rate changes at their Tuesday meeting. Starting October 1, citizens will be looking at a $2.30 hike in their monthly bill, setting the new rate at $26.30 for the usual trash and recycling collection services. According to the City of Carrollton, this decision falls in line with an industry-wide rise in operational costs, and Republic Services will remain a partner in providing these essential services.
Carrying out transactions in Carrollton is also going to be slightly dearer as credit/debit card convenience fees are due for an increase – the first in eight years – from 2 percent to 3.5 percent, a response to heightened charges from credit card companies. Additional details on the city's budget decisions and property tax rate changes are available at the city's finance and tax websites for those interested in digging deeper into the numerical nitty-gritty.
