City of Bee Cave adopts budget, tax rate unchanged

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The Bee Cave City Council unanimously adopted its budget for fiscal year 2018-29 Tuesday, about three weeks ahead of the mandatory Oct. 1 renewal of the fiscal year.

Council approved the budget with two additions to the original agenda. During the meeting Tuesday night new City Manager Clint Garza brought up the need for money for city code updates amounting to $75,000 and compensation increases for the Bee Cave police department in the amount of $100,000. Both inclusions will take effect Oct. 1.

The adopted budget contains about $9.6 million in general fund revenue, representing an increase of about 14 percent, or $1.16 million more than the 2017-18 fiscal year.

Expenditures within the general fund total about $9.4 million, representing a 4 percent decrease from the 2017-18 fiscal year expenditures, or about $362,000.

The city also unanimously adopted an ad valorem tax rate of $.02 per $100 valuation.

The city’s total property tax revenue will increase by $61,489 from last year’s revenue, and of that amount $10,657 is from new property added to the tax roll this year, a city document states.

Because the Bee Cave property tax rate is unchanged over the past few years, Mayor Monty Parker said any rise in taxes for property owners will come from rising property valuations, not the city rate.

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Brian Rash
Brian has been a reporter and editor since 2012. He wrote about the music scene in Dallas-Fort Worth before becoming managing editor for the Graham Leader in Graham, Texas, in 2013. He relocated to Austin, Texas, in 2015 to work for Gatehouse Media's large design hub. He became the editor for the Lake Travis-Westlake publication of Community Impact in August 2018.
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