Fair Oaks Ranch City Council approved the fiscal 2027 MDD budget and driveway-culvert ordinance, set a proposed property-tax ceiling, and reviewed city-facility and right-of-way costs on Aug. 6. The official Aug. 6 minutes provide the outcome record for the meeting.
The decisions affect Fair Oaks Ranch taxpayers, driveway owners and utility contractors, while the facilities assessment puts the city’s current building and site repair needs at $1.72 million. The gap between the council’s earlier $0.30697 working maximum and the $0.31176 proposed ceiling equals $4.79 a year for each $100,000 in taxable value, or about 40 cents a month; neither figure was a final adopted tax rate.
Development Money and the Tax Ceiling
The council approved a development district budget projecting $737,800 in revenue, $69,771 in spending and an ending balance of about $5.08 million. Comal.News previewed the MDD balance and spending plan before the council’s action.
The packet’s July 16 minutes show council had directed staff to use $0.30697 as the maximum for the proposed budget; the Aug. 6 minutes record a different proposed rate of $0.31176 per $100. The earlier tax-rate report explains why the packet initially carried blanks pending the completed calculation worksheet.
