The Laredo City Council held a special meeting on July 29, 2025, to discuss the proposed consolidated budget for the upcoming fiscal year, which totals $1.01 billion. This represents a 2.8% increase from the previous year and includes significant investments aimed at improving infrastructure, public safety, and overall city services.
City officials highlighted that the budget allocates over $82 million for general fund projects, financed through certificates of obligation (COs), tax notes, and other funding sources. The council emphasized that this budget is a crucial step in addressing challenges faced over the past year, including a failed bond referendum and rising inflation, while also responding to the community's demand for enhanced city services.
During the meeting, city staff provided a detailed breakdown of the budget, including specific allocations for various projects. The budget development process involved three pre-budget workshops to ensure transparency and community engagement. City officials stressed the importance of maintaining financial discipline and protecting the city's credit rating through responsible borrowing and reserve policies.
The proposed budget is described as more than just a financial plan; it serves as a roadmap for a stronger and safer Laredo. The council plans to finalize the budget in August, meeting state requirements and ensuring that the community is well-informed about the financial decisions being made.
As the city prepares for the upcoming budget approval meetings scheduled for mid-August, officials are committed to maintaining open communication with the public, providing access to budget documents in both English and Spanish, and ensuring that all community members can participate in the budget review process.