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Dripping Springs council reviews FY2025 budget, hears Ranch Park plans and asks for debt-service breakdown
Summary
Staff presented the proposed FY2025 budget and an $11 million debt-service projection; council asked for a detailed breakout and a five-year plan. Ranch Park manager described a phased plan for a covered arena ($350K–$400K), roof repairs/coating ($62K–$150K) and HVAC/lighting upgrades, with grant applications planned.
City staff opened the Aug. 6 meeting’s budget discussion by noting a puzzling result from the tax assessor-collector: the no-new-revenue tax rate exceeded the voter-approval rate, and staff will use the higher of the two rates for planning until reconciled.
Sean (staff) outlined revenue and balance-forward adjustments, including a $38,000 ad valorem adjustment tied to the assessor’s figures and carryovers from FY2023. Staff flagged an $11 million list of…
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