City & County

Schertz City Council approves FY 2022-23 budget, tax rate

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Jarrett Whitener

1 min read

Published September 15, 2022 at 12:34 p.m. CT

Schertz City Council approves FY 2022-23 budget, tax rate — On Sept. 13, Schertz approved its fiscal year 2022-23 budget and tax rate. (Courtesy Adobe Stock)

Schertz City Council on Sept. 13 adopted the fiscal year 2022-23 budget and tax rate.

According to city staff, the total budget has anticipated expenditures of $103,873,315.

Finance Director James Walters said the FY 2022-23 budget will include 32 new positions, funding for roads and trails, the replacement of the police records management system, a parking lot for Building 27 and other small programs.

Council approved a tax rate of $0.4950 per $100 valuation, which is an approximately 9.4% increase. The new tax rate will have an estimated bill increase of $124.99.

According to city staff, the new rate allows for $1.5 million in additional funding for the city’s maintenance and operations.

Council approved the FY 2022-23 budget and tax rate in a 5-1 vote with Council Member David Scagliola not in favor of the adoption. The new budget and tax rate will take effect Oct. 1.