Community, Dripping Springs, News
Dripping Springs approves budget
by Chase Rogers
DRIPPING SPRINGS – Dripping Springs city council members unanimously voted to set the tax rate for the 2020-21 fiscal year on Sept. 8 at $0.19 per $100 of taxable valuation.
The new rate, though it is the same that was approved last year by the council, is expected to produce an additional $150,772 in property tax revenue during FY 2020-21 due in part to new property construction and plots brought within the city throughout the year.
For a house valued at $441,550, the median ...