The gist
The new budget will raise approximately $1.2 million more from property taxes, which is a 32.4% increase from FY 2024-25, city officials said.
The average homestead homeowner will pay approximately $1,266 per year in property taxes—a monthly payment of $106. This is a roughly $269 increase annually compared to the previous year.
"This increase supports continued city services and infrastructure investments,” the Dripping Springs taxpayer impact statement reads.
The breakdown
The general fund includes expenses such as:
- $2.65 million for transportation improvement projects
- $538,500 for park improvements
- $223,602 for Founder's Day
