City of Dripping Springs sets budget, tax rate

After months of budget planning and amendments, the City of Dripping Springs voted to adopt the budget for Fiscal Year 2025 totaling $44.10 million.

The fiscal year starts October 1.

The budget passed unanimously at the council regular meeting on September 16.

The budget includes $14.707 million for General Fund expenditures; $27.664 million for utility services; $1.221 million for Ranch Park and $507,682 for the Visitors bureau.

The city council also approved the tax rate at .1794 cents per $100 in valuation for property on the city’s tax rolls. That compares to a tax rate of .1718 in 2023. The city expects to collect $219,847 in new revenue from additional property added to its tax roll this year.

To view the approved budget in its entirety, visit the city’s website at cityofdrippingsprings. com.