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Lago Vista council reviews balanced FY2025–26 budget, uses $0.42 tax-rate baseline
Summary
Councilors reviewed a balanced FY2025–26 budget that uses a $0.42 tax-rate baseline, trims transfers from the utility fund, raises the golf subsidy and proposes modest employee cost-of-living adjustments while preserving staffing levels.
Lago Vista City Council members reviewed a proposed fiscal 2025–26 budget that the city manager said is balanced on a $0.42 tax-rate baseline and includes targeted transfers and staffing adjustments.
City Manager Charles West told the council the budget is balanced. Councilors and staff discussed reducing the utility-fund transfer to the general fund, supporting the municipal golf course, and modest pay adjustments for employees.
The draft budget reduces the planned transfer from the utility fund to the general fund from about…
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