Annual Budget
Fiscal Year 2023-2024
This budget will raise more total property taxes than last year's budget by $1,471,165 or 5.21%, and of that amount, $220,054 is tax revenue to be raised from new property values added to the tax roll this year.
The above statement is required by Section 102.005(b), Loc. Gov. Code as amended by HB 3195 of the 80th Texas Legislature.
City Council Record Vote
FOR: Mayor Jeff Bauknight, Rafael DeLaGarza III, Josephine Soliz, Duane Crocker, Jan Scott, Mayor Pro-Tem Dr. Andrew Young and Mark Loffgren
AGAINST:
ABSENT:
PRESENT AND NOT VOTING:
NOT PRESENT DURING VOTING:
Tax Rate
Property Tax Rate
No-New Revenue Tax Rate
No-New Revenue M&O Tax Rate
Voter-Approval Tax Rate
Debt Tax Rate
FY 23-24
$0.4898
$0.4648
$0.2882
$0.4898
$0.1903
FY 22-23
$0.5582
$0.5461
$0.3262
$0.5595
$0.2127
The amount of municipal debt obligation secured by property Taxes for the City of Victoria is $35,850,000.
The above statement is required by Section 102.007 (d), Loc Gov. Code as amended by S.B. 2 of the 86th Texas Legislature.
Introductory Section

ANNUAL BUDGET
Fiscal Year
October 1, 2023 through September 30, 2024
Jeff Bauknight, Mayor
COUNCIL MEMBERS
Dr. Andrew Young, Mayor Pro-Tem
Rafael DeLaGarza, III
Josephine E. Soliz
Duane Crocker
Jan Scott
Mark Loffgren
Jesús A. Garza, City Manager
Gilbert P. Reyna, Jr., CP.A., Chief Financial Officer
About the City of Victoria
- Elected Officials
- City Council District Map
- Executive Leadership Team
- City-Wide Organization Chart
Budget Summary Section
- 5-Year Tax Roll
- Property Values Trendline
- Proposed Tax Rate Impact
- Sales Tax Receipts
- Analysis of Appraised Values and Tax Rate