The city of Round Rock has released its proposed 2013 operating budget.
The proposed $141.5 million spending plan features a reduction in property taxes, a 36 percent funding increase for streets maintenance and a decreased dependence on Dell Inc. sales tax revenues.
"The city continues to take a conservative, long-term approach to its financial and operational planning," Round Rock City Manager Steve Norwood said in a news release. "The decisions that are made now will strongly influence what the city will look like and how it will operate for years to come."
According to the proposal, the city's property tax rate would decrease property taxes to 42.035 cents per $100 of valuation, equaling $12 in annual savings for the average Round Rock homeowner.
The Round Rock City Council will next review the budget proposals at its Aug. 14–15 planning retreat. The council will hold public discussions and vote on the budget during Sept. 13 and 27 meetings.
The proposed budget can be viewed online at roundrocktexas.gov/budget.