Round Rock, TexasLocal Weather Alerts
There are currently no active weather alerts.
  • Calendar
  • RSS Feed
  • Contact
  • Recycle on:
    Oct
    1
  • Pool Temp:
    73.5
    °F
News

Budget proposal keeps strategic focus, at same tax rate

Published on August 13, 2015 under RRnews

The City Council is considering a fiscal 2016 budget proposal that maintains progress on the City’s strategic priorities while holding the line on the property tax rate.

The $311 million budget includes additional staff for public safety, transportation, planning, general services and parks, with $136 million for major equipment and capital projects – including many approved by voters in a 2013 bond election.

For an overview, we have produced a FY 2016 Proposed Budget FAQ and FY 2016 Budget Brief.

Among the capital projects planned for 2016 are:

  • Two new fire stations
  • Transportation improvements include University Boulevard, Oakmont Boulevard extension, Creek Bend Boulevard extension, La Frontera resurfacing and the widening of Gattis School Road
  • Downtown transportation improvements include the improvement and enhancement of Mays Street, Main Street and Round Rock Avenue to provide better access to adjoining businesses and downtown, and pedestrian safety
  • Construction of Heritage Trail East
  • Expansion of the Rock ’N River water park
  • Begin the design phases of a Multi-Purpose Sports Complex in Old Settlers Park

The budget proposal, which will be voted on by the City Council in September, is balanced at a tax rate of 41.465 cents per $100 of valuation, the same as last year. For the owner of a $216,594 home (the average value) that means an increase of $75 next year. Home values have increased by an average of 9.1 percent.

The foundation for the budget proposal was laid in February, at the City Council’s annual planning work session. Among the broad strategic goals affirmed at the meeting were:

  • Financially sound city providing high value services
  • City infrastructure for today and tomorrow
  • Sports Capital of Texas for tourism and residents
  • Great community to live
  • Authentic downtown
  • Sustainable neighborhoods

The budget includes water and wastewater rates that will increase 3 percent in January 2016, with no changes to drainage and solid waste pickup rates.

 

The post Budget proposal keeps strategic focus, at same tax rate appeared first on City of Round Rock.

Source: City of Round Rock

Tagged: