Buda OKs $59.9M budget

Buda’s proposed $59.9 million fiscal year 2019 (FY19) budget passed its first hurdle earlier this month.

By a unanimous 7-0 vote, the Buda City Council approved the FY19 budget and ad valorem tax rate on first reading; a second reading is scheduled for Sept. 18.

Buda’s budget includes allocating $24.6 million toward the city’s five-year capital improvement plan (CIP), along with roughly $35.2 million in operating expenses.