The impact
The adopted FY 2024-25 city of Buda property tax rate is $0.3395, or a $0.0016 rate increase over FY 2023-24. The new rate represents a decrease from the FY 2022-23 and prior years' adopted rate of $0.3423. The average homeowner will see their city property tax bill increase from $1,181 to $1,301, according to a news release.
Buda residents will also see their utility bills increase by approximately 4.5% or $5.83. The council approved a 6% increase in water rates and a 3% increase in wastewater rates, resulting in an average monthly increase of about 4.5%—or $5.83—for the average utility customer, according to a news release.
Looking ahead
For FY 2024-25, Buda City Council plans to prioritize expanding their Public Works Facility, improving the city’s sportsplex and reconstructing Austin Street, according to agenda documents.
