1. City Council votes to adopt a $92.2 million budget for the 2017-2018 fiscal year.
The budget includes a property tax rate decrease by 0.0031 per $100 valuation from last year's .3704 to .3673. With the average home value increasing by $13,346 according to the city manager's budget presentation, the proposed new rate is expected to bring in $5.7 million in revenue.
While the property tax rate is proposed to decrease, the city has plans to increase water rates by 6 percent and increase wastewater rates by 3 percent. Buda will consider increasing water and wastewater rates by 5 percent in Fiscal Year of 2019 and 2020 and water rates by 5 percent and wastewater rates by 10 percent and 2 percent, respectively, in Fiscal Year of 2021 and 2022.
With rapid growth happening in the city, Buda would like to create 13 full-time positions and one part-time position using the general, wastewater and economic development funds.
Buda has also set aside $400,000 to add a splash pad with restrooms and a pavilion at Summer Pointe Park.
2. Council considers what to do with current city hall, library and city hall annex when new municipal complex is built
With the new municipal complex opening soon, the council is debating what to do with the current city buildings. So far, suggestions include integrating the library and the greenbelt to create an indoor/outdoor space; using city hall as a community business support organization; creating a visitor’s center, arts or business incubator; and either selling the city hall annex or converting it into a non-profit center.
3. Council considers approving the expansion of the Buda Public Library’s Pop-up Makerspace project
Buda’s library received $29,558 from Texas State Library and Archives Commission’s Special Projects Grant to expand its makerspace program. The money will go toward materials needed for crafts, robotics, coding, prototype and design circuitry modules as well as a special stop-motion animation program and a temporary employee. The pop-up program will be shared with the Buda community and Hays CISD.
4. Council hears second reading of the Buda Economic Development Corporation Budget
The EDC is proposing a $1.8 million budget for the 2017-2018 fiscal year.
5. Buda has hired Greg Olmer as the new Park and Recreation Director