Granbury City Council, Aug. 18, 2026: Public Hearing on Proposed FY 2026-2027 Budget

The City of Granbury held a public hearing on August 18, 2026, to discuss the proposed fiscal year 2026-2027 annual operating budget, which totals approximately $80 million—the largest in the city's history. Key procurement-related topics included funding for a $108 million water treatment plant project to remove harmful PFAS chemicals, supported by a $50 million debt issuance anticipated for approval by the Texas Water Development Board. Additionally, the city recently issued $16.8 million in debt for utility line relocations related to a highway widening project. The budget also includes a $20 million street improvement bond funded by a recent bond issuance. The proposed property tax rate increase to 48.5¢ per $100 valuation aims to support these capital projects and infrastructure upgrades. The council voted 6-1 to postpone the final budget vote to September 1, 2026, to allow for further consideration and to align the budget and tax rate adoption.