Slight decreases in the ad valorem tax rate are what Buda and Kyle city leaders approved when adopting the Fiscal Year 2018 budgets earlier this month.

In Buda, the property tax rate will go down by 31 thousandths of a cent. With the average home value increasing by roughly $13,000 in 2017, the proposed new rate is expected to bring in an additional $5.7 million revenue.

While the property tax rate will decrease, the city has plans to increase the water rate by six percent and increase the wast...