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Temple Approves Property Tax Increase in 2026 Budget Amid Neighborhood Concerns over Affordability

The budget increases property tax rate by 11.72%, generating $11.7 million to fund public safety and infrastructure improvements amid rapid population growth.

Summary by KXXV
The City of Temple approved its 2026 budget, which includes a property tax increase of about $240 per year for the average homeowner. City leaders say the increase will fund infrastructure, safety, and water projects, while also offsetting revenue losses tied to state-mandated veteran tax exemptions. Some residents and business owners worry the higher costs could hurt affordability and change the citys small-town character. Temples 2026 budget w…

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KCEN broke the news in on Friday, August 29, 2025.
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