Richardson City Council approves fiscal year 2019-20 budget, tax rate

A series of votes at the Sept. 9 Richardson City Council meeting served to ratify the fiscal year 2019-20 budget.

This year's expenditures total $298.4 million, a 4.1% annual increase. The majority of the city’s operating expenses will go toward personnel-related costs. Nearly 70% of the city’s operating budget, or $98.5 million, will pay for compensation for new and existing employees.

An additional $8.2 million in property taxes are expected to bring the city's total revenue to $304.8 million, a 6.3% increase year over year. Roughly $1.2 million was generated through new property added to the city’s tax roll, according to an Aug. 13 budget presentation made by City Manager Dan Johnson.

Council members voted to approve the budget. Conflicts of interest kept Council Members Bob Dubey and Ken Hutchenrider from voting on two pieces of the budget related to scoreboard maintenance and health and wellness, respectively.

Council also voted unanimously to maintain its current tax rate of $0.65216 per $100 home valuation. A portion of the tax rate totaling $0.38124 will help pay for the city's operating expenditures. The remainder will help pay down the city's debts.

This year's tax rate will raise more revenue for the city than the previous year's rate. As a result, the effective tax rate will increase by 8%, which will raise taxes on a $100,000 home by approximately $7.11, city documents state.

Council members also voted unanimously to approve two fee adjustments included in this year’s budget: a 7.5% increase in water and sewer service charges and a 7-10% increase in solid waste collection charges for commercial users.

As a result of the water and sewer rate change, the average residential bill should increase by $7.90 per month, Johnson said at the Aug. 13 meeting.

The budget and tax rate become effective Oct. 1.

Editor's note: This article was corrected to include an additional rate change related to solid waste collection for commercial users.
SHARE THIS STORY


MOST RECENT

Collin County voters will have a chance to decide Republican and Democratic nominees in the March 3 primaries. (Courtesy Adobe Stock)
Collin County voting: State, local primaries take shape for Republicans, Democrats

Republicans and Democrats have filed for their respective primaries, which Texas voters will decide on March 3.

Plano ISD trustees voted Dec. 10 to approve a final calendar for the 2020-21 school year, with one amendment. (Adobe Stock)
Plano ISD trustees approve a final calendar for the 2020-21 school year

Plano ISD has a new calendar for the 2020-21 school year, and it includes an additional 5 minutes at the beginning of the school day for early childhood, elementary and middle school students.

dialysis system
Elik Dialysis plans Richardson facility relocation, expansion

In addition to its in-home dialysis services, Elik Dialysis will offer in-center treatment.

Richardson innovation district map
Rezoning of innovation district unanimously approved by Richardson City Council

The unanimous approval by council means redevelopment of the area can now begin.

food delivery robot on UT Dallas campus
Food delivery robots launched on UT Dallas campus

The university’s dining department partnered with Starship Technologies to bring 30 food-delivery robots to campus.

Al Baghdady Bakery & Restaurant
Middle Eastern eatery Al Baghdady Bakery & Restaurant to relocate to new Richardson location

The Richardson bakery offers sandwiches, plates, breads and other desserts.

Hair Jones 411 Hair Clinic
Hair Jones 411 to bring natural hair services and restoration to Richardson

Owner Kayla Jones is a licensed cosmetologist and trichologist.

Main Street construction Richardson
City closes Main Street intersection for water line installation

The work is part of the ongoing Main Street redevelopment project.

Edith's French Cafe
Edith's French Cafe delays opening date for Richardson location

The restaurant originally planned to open Dec. 1.

Dentist
Aspen Dental to open Richardson location

The business offers a variety of dental services, including routine care and checkups.

Back to top