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Bastrop manager outlines FY2025 draft budget, proposes 0.4994 tax rate
Summary
City Manager Sylvia presented a draft FY2025 budget showing $73M in projected revenues and $93M in expenditures, with $20M of bond proceeds bridging the gap; a proposed tax rate of 0.4994 would raise the average homeowner about $98 annually. Council asked for follow‑ups on retirement and parks staffing.
City Manager Sylvia presented the City of Bastrop’s draft fiscal 2025 budget at a pre‑budget workshop, saying total projected revenues are about $73,000,000 against $93,000,000 in expenditures and that roughly $20,000,000 in available bond proceeds are being used to cover the difference.
Sylvia said the draft assumes modest new revenues — roughly $562,000 net from increases in ad valorem and sales tax — and listed major expenditure drivers: two additional police officers (about $170,000), vehicle and equipment purchases, and a 3.3% cost‑of‑living adjustment for staff. She…
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