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Dripping Springs council adopts FY 2025–26 budget and sets property tax at $2.2671 per $100
Summary
The Dripping Springs City Council on Sept. 16 adopted the fiscal year 2025–26 municipal budget and approved a property tax rate of $2.2671 per $100 of assessed value (M&O 0.185; I&S 0.0418), described by staff as a 2.24% increase. Council also approved a final FY 24–25 amendment and a resolution ratifying the budget.
Dripping Springs — The City Council adopted the fiscal year 2025–26 municipal budget and set the 2025 ad valorem tax rate at $2.2671 per $100 of assessed valuation during a special meeting Sept. 16.
Sean, a city staff member who presented the budget, told the council the packet before members reflected the final workshop version and that "still a strong balance forward going into FY 26." He said much of the budget’s revenues are ongoing operations, while specified transfers from parkland dedication and development landscaping…
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