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Kyle Council adopts 2024–25 budget, removes $65M sportsplex from five‑year plan and sets tax rate
Summary
The City of Kyle adopted a $365.3 million budget for FY2024–25, removed a $65 million indoor Sportsplex placeholder from the five‑year CIP after debate, and set the property tax rate at $0.4693 per $100 of assessed value (the voter‑approval rate). Several budget amendments funding social services and parks were approved.
The City of Kyle City Council adopted its fiscal 2024–25 budget on Sept. 3 after a lengthy public session that included amendments and a contentious debate over a planned sports facility.
City finance director Pervais Mohit told the council the amended budget totals $365.3 million across all funds, including a general fund of about $83.1 million and a capital improvements plan of $248.5 million for 2025. The five‑year spending plan totals roughly $848.4 million. After public comment and council discussion, councilors moved to remove a $65 million allocation for an indoor Sportsplex from the five‑year CIP. “If I say it doesn’t matter, it doesn’t…
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