Around $500,000 in new transportation initiatives, along with other capital projects, are key expenses in Dripping Springs’ fiscal year 2018-19 budget, which was unanimously approved by city leaders Sept. 24.
The Dripping Springs City Council also unanimously approved a property tax rate of $0.19 per $100 assessed valuation, one of the lowest rates in the county.
According to the budget, the city is investing $140,000 toward an updated Transportation Master Plan (TMP), which was originally adopted in 2009.
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