BY SHAHERYAR KHAN & JARRETT WHITENER
Guadalupe County sets budget FY2024-25 The proposed budget and tax rate for Guadalupe County have been posted, with a public hearing and adoption of the budget held Sept. 3. What you need to know The proposed tax rate for fiscal year 2024-25 is $0.3167 per $100 valuation. This is a decrease from the FY 2023-24 rate of $0.3231 per $100 valuation. According to the proposed budget, the new property value for the year is approximately $855 million. $4.4 million is expected to be raised from property taxes, which is a 6.5% increase compared to the previous budget. While the tax rate is decreasing, property own- ers may see an increase in annual tax payments due to increasing home appraisal values. Appraisal values for homes in Guadalupe County can be checked through the Guadalupe County Appraisal District.
Gruene Road property
Budgeting capital projects According to an Aug. 15 budget overview, the proposed budget will include capital improvement projects such as: • Elections office improvements • Schertz Annex improvements • Justice of the Peace and Constable improvements • Precinct 4 in Marion improvements • Animal Control Division improvements • Emergency Operations Center/warehouse • Emergency Response Center • Additional funds for road construction, flood and drainage study, and a master plan of more than 160 acres are included in the budget
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Gruene area project moves forward The New Braunfels Economic Develop- ment Corporation is evaluating plans to redevelop a 16-acre property at Gruene Road and Common Street, as discussed at an Aug. 12 City Council meeting. The focus is on creating a mixed-use development, with three different possible scenarios depending on the city’s needs. Next steps include contacting developers and determining funding.
SOURCE: GUADALUPE COUNTY/COMMUNITY IMPACT
Budget explained The proposed budget has an estimated revenue of $88 million with estimated expenditures of $100 million. According to county documents, revenues anticipated to be raised from new property added to the tax rolls this year is $2.7 million.
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NEW BRAUNFELS EDITION
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