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Tuesday, 21st November 2017

in Bee Cave TX 78738

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City passes 2018 budget

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Bee Cave City Council met on September 12th and passed a budget that local news media are branding as conservative and "tame"

 

The primary points of the budget are:

  • Sales Tax Revenue was budgeted at $9MM - down from $9.6MM last year.
  • Property Tax remained at 2c per $100, one of the lowest in the State
  • Two new employees for 2018
  • Questions are being raised over how to use the Hotel Occupancy Tax
  • Bill Goodwin noted the increasing costs of the Police Department

City councillors took to their social media accounts to remind residents that local spending was important to support a low tax rate. No numbers have been seen on the impact of the major new 620 corridor retail and restaurants on sales tax in Bee Cave vs Lakeway.

 

To comment on this story, please go to BeeCaveBee on FaceBook HERE

 

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