Government
BY AMIRA VAN LEEUWEN
Kyle approves budget, sets FY 24-25 tax rate The city of Kyle approved a $363.3 million budget—a slight decrease from when originally proposed—with an ad valorem tax rate of $0.4693 per $100 valuation for fiscal year 2024-25 on Sept. 3. What’s changing? The council made several budget amendments before final approval, which included allocating an additional $15,000 to support the Hays-Caldwell County Women’s Center and $15,000 to support the Hays County Food Bank. Council also eliminated the $65 million Sportsplex Capital Improvement Project from the city’s 5-year CIP spending plan, which also eliminated $7 million in CIP expenditures in FY 2024-25. Council decided against calling a bond election to help fund the sportsplex at a Aug. 6 meeting. The dais added the Lake Kensington CIP proj- ect—a signature park facility on the east side of the
New San Marcos City Hall in the works San Marcos is moving forward with plans to build a new city hall by starting the appointment process for the Hopkins Gateway Steering Committee on Sept. 4. A closer look City Manager Stephanie Reyes said the city will not be calling a bond election for this project and is looking at alternative funding mechanisms. San Marcos City Council is looking to allocate $6.8 million in funding for capital outlay in the city’s general fund in fiscal year 2024-25, $4 million of which will be set aside to fund the city hall project, according to agenda documents. The project includes a new city hall, improvements to Hopkins Street and the civic corridor on the north side of Hopkins Street.
Budget highlights
General fund budget: $83.09M
Water Utility Fund: $24.45M
Debt Service Fund budget: $12.93M Hotel Occupancy Fund: $765,935 Wastewater Utility Fund: $14.51M
Total $135.74M
SOURCE: CITY OF KYLE/COMMUNITY IMPACT
city—totaling $17 million. This project will be funded through the issuance of CO bonds in the future, Director of Finance Perwez Moheet said. As a result, the city increased CIP expenditures for FY 2024-25 by $5 million. More details The ad valorem tax rate is above the no-new revenue tax rate of $0.4562 per $100 valuation—a 2.87% increase—from the no-new revenue tax rate for tax year 2024, according to agenda documents.
Buda enters partnership agreement with Greater Austin YMCA for $15M facility
What it means The new building could serve as a community resilience hub during emergencies, Sean Doles, Greater Austin YMCA public affairs officer said. “With its location along I-35, the proposed project will provide immediate and easy access for residents of disadvantaged communities in the event of climate-related emergencies, such as flood, fire, extreme heat or power outages,” Doles said.
Buda City Council adopted a partnership agreement with the Greater Austin YMCA for the YMCA’s Environmental Protection Agency Community Change Grant Application on Sept. 3. If awarded, the grant will fund the construction of a multipurpose facility—estimated to cost $15 million—at Camp Moody, located at 1220 Old San Antonio Road in Buda.
Camp Moody facility features
Community programming
Educational classes and meetings
Dining or food distribution capabilities
GREATER AUSTIN YMCA/COMMUNITY IMPACT
ALL ROOF REPLACEMENTS when you mention this ad | Expires 10/20/2024 $250 off
Father-Daughter owned
512-630-1440 • goodnewsroofing.com Family Owned and Operated Since 2009.
11
SAN MARCOS - BUDA - KYLE EDITION
Powered by FlippingBook