Revenues
An overview of the proposed budget was shared at a special meeting of Bee Cave City Council on July 29. Bee Cave Finance Director Travis Askey gave a presentation covering highlights of the proposal as it currently stands.
In terms of revenues, those coming from development are slightly down when compared to last year’s budget, Askey said. However, other departments’ revenues may make up for the disparity.
“I would say the biggest surprise that we had was we’ve had a little less development revenue than we probably anticipated,” Askey said. “But it’s offset–for instance, municipal court revenue outpaced our forecast."
Revenues from building and development fees are listed at $241,750 in the proposed budget, marking a 36.96% decrease from last year, according to Askey’s presentation. Municipal court revenues are listed at $477,625, marking a 17.53% increase.
Sales tax revenues, however, remained unchanged, Askey said. These revenues are listed at $10.5 million in the FY 2025-26 proposed budget, and make up 80.55% of the city’s general fund revenue, according to Askey’s presentation.
In total, general fund revenues for the city are listed at $15.4 million, according to Askey’s presentation.
Expenditures
Preliminary expenditures for the city total $13.9 million in the proposed budget.
Of this amount, 34.4% will go to the police department, 10.8% to administration, 11.9% to library, 9.6% to legal, and 10.4% to planning and development, according to Askey’s presentation.
Some new departmental requests not yet incorporated into the proposed budget include radios, ticket writers, a new officer and two new vehicles for the police department, a website redesign for communications, and a new road safety package for the parks department.
What’s next?
Bee Cave will continue to work through its budget process in August.
On Sept. 10, the city will hold its first public hearing on the proposed budget and tax rate, and on Sept. 24, the city will hold its second hearing, granting final approval for the budget and tax rate.
