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Lakeway sets maximum proposed tax rate and schedules budget hearings; council logs several routine approvals
Summary
Lakeway City Council on Aug. 18 set a maximum proposed tax rate of 0.171466 per $100 of valuation and scheduled two public hearings on the FY2025–26 budget for Sept. 15 and Sept. 22.
At its Aug. 18 meeting, the Lakeway City Council set the maximum proposed tax rate the city may consider for the fiscal year 2025–26 and scheduled state‑required public hearings on the budget.
The council voted to set a maximum proposed tax rate of 0.171466 per $100 of assessed value. The council also scheduled two public hearings on the proposed budget and proposed tax rate for Sept. 15 and Sept. 22 at 6:30 p.m. in Lakeway City Hall Council Chambers and directed staff to publish required notices.
During the meeting the council also recorded several other formal actions, summarized below. Several actions were unanimous after edits or discussion; others reflected close council votes.
Votes at a glance - Consent agenda: Approved 7–0 (consent items carried). - Item 21 (Rotary Club donation): Resolution accepting $50,000 donation approved unanimously. - Item 24 (hotel occupancy tax support for Taste of Lake Travis): Approved (final tally recorded 6–1). - Item 25 (Coalmeier/Lakeway Heights PUD amendment): Denied 6–1. - Item 26 (Special use permit for cell tower at 251 Islands Boulevard): Applicant postponed; no action taken. - Item 17 (Resolution supporting TSIF grant application): Approved as amended (site‑specific clauses removed) unanimously. - Item 27 (Special use permit for pet grooming at 900 Ranch Road 620 South, Building A Suite 100): Approved unanimously. - Budget actions: Set maximum proposed tax rate 0.171466 per $100 and set public hearings for Sept. 15 and Sept. 22 (both motions carried 6–1).
Council also moved into executive session and later took action in open session to authorize staff remedies related to the City Center/Main Street PUD timeline, to have the city attorney split the city manager’s severance language from the employment contract and to terminate the interlocal emergency‑management participation after notice from Bee Cave; those three open‑session motions passed by recorded votes.
Ending — With the maximum tax rate set, staff will publish the proposed budget and notices; council and staff will continue work on capital reserve priorities and follow up on items flagged during the meeting.
