A. ID 24-2622 Hold a public hearing and receive citizen input on the FY 2025-26 Proposed Budget. TAXPAYER IMPACT STATEMENT FISCAL YEAR 2025-26 This taxpayer impact statement is required by Government Code § 551.043(c) to be posted on the notice of a meeting at which a governmental body will discuss or adopt a budget for the governmental body. This Taxpayer Impact Statement shows the median-value homestead property in the City of Denton, a comparison of the property tax bill in dollars pertaining to the property for the current fiscal year to an estimate of the property tax bill in dollars for the same property for the upcoming fiscal year. Taxpayer Impact Statement FY 2025 FY 2026 FY 2026 Adopted No-New-Revenue Proposed Tax Rate Total tax rate (per $100 of value) $0.585420 $0.554279 $0.595420 Median homestead taxable value $379,836 $386,698 $386,698 Tax on average homestead $2,223.64 $2,143.39 $2,302.48 Difference to Current Year Tax Bill ($80.25) $78.84