Fiscal Year 2024:

Approved Budget Book FY 2024

This budget will raise more revenue from property taxes than last year’s budget by an amount of $5,342,066 which is a 8.08 percent increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $934,900. 

The members of the governing body voted on the budget as follows: 
FOR: Stretcher Burkes, Blong, Dufford, Ladd, Norman 
AGAINST: Corrales, Poole

Property Tax Rate Comparison:

Tax rate

FY 2022-2023FY 2023-2024

Adopted Tax Rate



No-New-Revenue Rate



Voter-Approval Tax Rate.361731.353162
Voter-Approval w/IncrementsN/C.380408

Interest & Sinking (Debt Service)



Financial Summary

Total debt obligation for City of Midland secured by property taxes: $12,413,902