City proposes $200.4 million budget for 2026, property tax rate remains at 40.89 cents

City proposes $200.4 million budget for 2026, property tax rate remains at 40.89 cents

New Braunfels city manager Robert Camareno presented the 2026 proposed budget to city council Thursday, Aug. 7. Should it be approved, the property tax rate would stay at its current 40.89 cents, but this year, property values are presenting challenges.