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AGD 08/11/2026 �. );c if."r City of Wichita Falls Uv �`( TI E X Arsf City Council Agenda Nue5,kies..4olderkOpp turuties Notice is hereby given that on August 11, 2026, the City Council of the City of Wichita Falls will hold a regular meeting at 8:45 a.m. at the MPEC, 1000 Fifth Street, Hayley Eye Clinic Seminar Room, for the purpose of considering the following items: 1. Call to Order 2. Invocation 3. Pledge of Allegiance 4. Strategic Plan Update and Budget Work Session a) Strategic Plan Update - Paul Menzies b) Work session regarding the City Manager's proposed fiscal year 2026-2027 budget 5. Adjourn In accordance with the Americans with Disabilities Act, this facility is wheelchair accessible, and accessible parking spaces are available. If you require special accommodations to attend or participate in this meeting, please contact the City Clerk's Office at (940) 761-7409 at least 48 hours prior to the meeting. This meeting can be accessed and viewed at the following locations: 1. A livestream will be shown on the Spectrum/Time Warner Cable Channel 1300 2. A livestream will be shown on the City's webpage http://www.wichitafallstx.gov/994/Council- Meetings-and-Agendas CERTIFICATION I certify that the above notice of meeting was posted on the bulletin board at the Wichita Falls Public Library, Wichita Falls, Texas, on the 5th day of August, 2026, at 5:00 o'clock p.m. City Clerk CITY OF WICHITA FALLS, TEXAS TAXPAYER IMPACT STATEMENT This notice informs taxpayers of the potential impact of the proposed budget and tax rate for Fiscal Year 2026-2027, comparing what would be paid under the no-new-revenue tax rate versus the proposed tax rate. 1. Median-Valued Homestead Property Median Taxable Value ($) 2025 Tax Year $188,301 2026 Tax Year $190,628 Year-over-year change (%) Increase of 1.22% 2. Property Tax Bill Comparison—Median-Valued Homestead Tax Rate ($ per $100) Estimated Tax Bill ($) Current fiscal year 2025-2026 $0.682500 $1,285.15 ($188,301+100)x 0.682500 Upcoming fiscal year 2026-2027 if $0.677900 $1,292.27 the proposed budget and tax rate are adopted ($190,628+100) x 0.677900 Upcoming fiscal year 2026-2027 if $0.659679 $1,257.53 a balanced budget at the No-New- Revenue Tax Rate is adopted ($190,628+100)x 0.659679 Dollar difference: Proposed Budget Increase of$34.74 vs.No-New-Revenue Budget If the City of Wichita Falls adopts the proposed tax rate of$0.677900 per $100 valuation,the average homestead owner would pay approximately $34.74 more annually compared to the no- new-revenue tax rate. From Tax Year 2025 to Tax Year 2026,the increase under the proposed rate would be $7.11. 3.Access to the Full Proposed Budget The proposed budget is posted prominently on the home page of the City's website at: https://www.wichitafallstx.gov/2669/Annual-Budgets 4. Notes • Figures above are estimates only. The proposed budget and proposed tax rate are subject to change before final adoption by the City Council. • This statement does not reflect exemptions, discounts, or special valuations applicable to any individual property owner's specific tax bill. City Council Agenda Page 2 of 2