Wylie homeowners face an average property tax increase of $317 a year under a proposed budget and tax rate headed for a public hearing and possible vote Tuesday, Sept. 8.
The Wylie City Council is scheduled to hear public comment and vote on both the $183.48 million fiscal year 2027 budget and a proposed tax rate of 59.6554 cents per $100 of assessed value at 6 p.m. in the council chambers at 300 Country Club Road. The meeting agenda, posted Sept. 1 by City Secretary Stephanie Storm, lists votes on both ordinances for the same night.
The proposed rate is 9.77% higher than the current rate of 54.3438 cents per $100. Combined with a 3.11% rise in average home values, the tax bill on a typical Wylie homestead would jump from $2,406.73 to $2,724.14, an increase of $317.41, or 13.19%, according to The Wylie News.
The rate equals the voter-approval rate. No election is required.
Where the money goes
The city would collect $47.78 million in property taxes under the proposal, up $3.6 million from the prior year. Of that increase, about $723,000 would come from new property added to the tax rolls.
Public safety dominates the General Fund. That category accounts for $43.23 million of the $72.87 million General Fund, more than 59% of the total. General government operations are budgeted at $17.28 million, community services at $5.73 million and streets at $5.05 million.
Beyond the General Fund, the budget sets aside $37.07 million for the Utility Fund and $38.32 million for capital projects across all city funds. The city also plans to issue $10.6 million in long-term debt for capital work.
Total revenues are projected at $161.70 million against $180.60 million in expenditures. The budget projects an ending fund balance of $117.94 million across all operating and capital funds.
How to weigh in
Residents who want to speak at the hearing must fill out a form before the meeting. Individual comments are limited to three minutes; groups get six. The Wylie Municipal Complex at 300 Country Club Road is wheelchair accessible. Residents needing sign interpretation or other assistance should contact the City Secretary's Office at 972-516-6020 at least 48 hours in advance.
Copies of the proposed budget are available for review at the Rita and Truett Smith Public Library, the City Secretary's Office and the City Manager's Office during business hours. The budget is also posted on the city's website.
The next regular council meeting after the hearing is scheduled for Sept. 22 at 6 p.m.
