NOTICE OF FISCAL YEAR 2027 PUBLIC TAX RATE HEARING AND BUDGET DOCUMENTS
This notice only applies to a taxing unit other than a special taxing unit or municipality with a population of less than 30,000, regardless of whether it is a special taxing unit.
NOTICE OF PUBLIC HEARING ON TAX INCREASE
PROPOSED TAX RATE: $0.3797 per $100
NO-NEW-REVENUE TAX RATE: $0.3709 per $100
VOTER-APPROVAL TAX RATE: $0.3797 per $100
The no-new-revenue tax rate is the tax rate for the 2026 tax year that will raise the same amount of property tax revenue for VILLAGE OF SALADO from the same properties in both the 2025 tax year and the 2026 tax year.
The voter-approval rate is the highest tax rate that VILLAGE OF SALADO may adopt without holding an election to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that VILLAGE OF SALADO is proposing to increase property taxes for the 2026 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON 09/29/2026 5:00 PM (CT) at Salado Municipal Building, 301 N Stagecoach RD, Salado, TX
The proposed tax rate is not greater than the voter-approval tax rate. As a result, VILLAGE OF SALADO is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the Aldermen of VILLAGE OF SALADO at their offices or by attending the public hearing mentioned above.
YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount = ( tax rate ) x ( taxable value of your property ) / 100
(List names of all members of the governing body below, showing how each voted on the proposal to consider the tax increase or, if one or more were absent, indicating absences.)
FOR the proposal:
AGAINST the proposal: Neil Dunch, Jeff Van Cura, James Lassiter, Allen Sandor, Rick Marruffo
PRESENT and not voting:
ABSENT:
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.
The following table compares the taxes imposed on the average residence homestead by VILLAGE OF SALADO last year to the taxes proposed to the be imposed on the average residence homestead by VILLAGE OF SALADO this year.
| 2025 | 2026 | CHANGE | |
| TOTAL TAX RATE (PER $100 OF VALUE) | $0.4231 | $0.3797 | 10.25% DECREASE |
| AVERAGE HOMESTEAD TAXABLE VALUE | $370, 306 | $482,787 | 30.37% INCREASE |
| TAX ON AVERAGE HOMESTEAD | $1,566 | $1,833 | 17.04% INCREASE |
| TOTAL TAX LEVY ON ALL PROPERTIES | $1,766,078 | $1,935,286 | 9.58% INCREASE |
For assistance with tax calculations, please contact the tax assessor for VILLAGE OF SALADO at (254) 939-5841 or customerservice@bellcad.org, or visit www.bellcad.org for more information.
