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Rowlett city manager presents FY2025 budget proposal, flags $73M in unspent capital and wastewater cost pressures
Summary
City Manager Jim Andrew presented a proposed FY2025 budget showing about $72 million in revenues and $66 million in expenses, proposed to hold the maintenance-and-operations tax rate at 53¢ per $100 of valuation, and urged faster activation of roughly $73 million in carryforward capital projects; he also reported wastewater charges about $800,000 over budget and paused a $7 million bond issuance.
City Manager Jim Andrew presented the Rowlett City Council with a proposed Fiscal Year 2025 budget that projects roughly $72 million in revenues against about $66 million in expenses and a projected ending reserve near $27.8 million.
Andrew told the council the proposal would keep the maintenance-and-operations (M&O) tax rate at 53¢ per $100 of valuation while an interest-and-sinking (I&S) component, increased by a voter‑approved action, adds roughly 5¢ and brings that component toward about 27¢ — yielding a combined ad valorem rate of approximately 76¢ per $100. "This budget proposes to maintain a steady maintenance and operation tax rate, 53¢ per hundred dollars in valuation," Andrew said.
Why it matters: the manager framed the reserve build‑up as a cushion against near‑term spending needs, including staffing two planned fire…
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