DRIPPING SPRINGS – The Dripping Springs City Council approved the fiscal year 2020-2021 operating budget of $20,448,550, a number which reflects a balanced budget of revenues and expenditures. The council, knowing the economic challenges many could face due to COVID-19, balanced the budget with no increase in the property tax rate, keeping it at a 19 cents per $100 of assessed valuation. Some of the additional budget dollars derived from Ad Valorem have come from new properties either built or annexed into the city which require additional services and expenditures by the city.
The budget includes several transportation and park improvements. Some of the highlighted projects include:
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