“We achieved a budget that does not change the property tax rate due to savings like the $21 million we refinanced in old debt along with the new budget and the adoption of the same property tax rate as last year by the City Council. By keeping the tax rate steady at $0.907 per $100 of property valuation, the city aims to ease some of the pressure on taxpayers because of the ongoing financial uncertainty created by the pandemic, said City Manager Tommy Gonzalez.
The FY 2022 budget includes $20 million in set-aside funds for street resurfacing projects, as well as another $3 million for a new traffic intersection safety program, ADA on-demand request projects, neighborhood speeding mitigation, and updating the pavement condition index study used to evaluate street condition.
