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Wimberley considers bond packages and budgets for city services
Two scenarios include a $400000 bond package for capital needs like a City Hall and four police officers plus maintenance for roads and staff. The larger plan totals $366,479 in expenses with a $0.055 Ad Valorem tax rate, potentially cut to $0.015 if county sheriff provides law enforcement. A four square mile option runs $350,479, mainly from fewer roads. City fiscal base shows about $350 million in property value and a 1% municipal tax could yield about $185,250 yearly, with $160,687 from sales tax and $28,000 from a franchise tax.
MENTIONED IN THIS ARTICLE
Reed
Hays
Sheriffs Department
Wimberley
Hays County
Kelly Kilber
Pro-Tech Engineering
Jim Reed
Dripping Springs