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Final Tax Rate and Budget for FY 2018-2019

Post Date:09/13/2018 10:30 AM

The City Council approved the final reading of the tax levy, budget ordinance, and fee schedule for the Fiscal Year 2018-2019 (FY 19).  The 2019 fiscal year begins October 1, 2018 and ends September 30, 2019.   

The FY 19 General Fund budget is $98,650,350 which will be funded at a tax rate of 77.22 cents. This tax rate is a .29 cents reduction from the FY 18 budget. In the FY 19 budget, city programs and services remain intact.  Water and sewer rates remain unchanged while solid waste rates will increase by 10%. A two percent salary increase for all employees is included in the budget.  

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City of Abilene News Release