New Braunfels officials pass budget, tax rate on first reading

New Braunfels officials passed the 2021 budget and tax rate Sept. 10. (Screen Shot courtesy city of New Braunfels)
New Braunfels officials passed the 2021 budget and tax rate Sept. 10. (Screen Shot courtesy city of New Braunfels)

New Braunfels officials passed the 2021 budget and tax rate Sept. 10. (Screen Shot courtesy city of New Braunfels)

New Braunfels officials passed their 2020-21 budget and tax rate during a special meeting Sept. 10.

The approval came during a special Sept. 10 City Council meeting that followed a month of budget presentations and workshops throughout August.

Jared Werner, the city's chief financial officer, said the city's main goals through creation of the new budget included maintaining its solvency, maintaining its existing resources and continuing to deliver on its 2019 bond program.

"We are pleased to say that this budget does achieve all three of those priorities," Werner said.

The proposed tax rate for 2021 is $0.483194 per $100 of valuation, which is slightly lower than 2020's rate of $0.48822, Werner said.


Regarding the city budget, Werner projected $134 million in revenue and $235.9 million in expenditures, of which more than $100 million will be through the city's capital fund.

"I think it's interesting to note that this is the first time our capital fund allocation has exceeded that of the general fund," he said. "That is entirely driven by a $55 million issuance that will be on [the City Council] agenda for next Monday, as well as the remaining funds that are available to complete the 2013 bond projects."

Though council passed the tax rate and the budget Sept. 10, the second reading of both and a vote for adoption are still slated for Sept. 14.
By 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. From there he became a dual-market editor for Community Impact's New Braunfels and San Marcos-Buda-Kyle editions. Brian is now a senior editor for the company's flagship papers, the Round Rock and Pflugerville-Hutto editions.