The budget for the next fiscal year in Navasota might bring a bit of a break to your year-end bottom line.
“The proposed budge will decrease the tax rate, so that is a big plus for us. So, we go from 56.93% to 55.60%. There are also no proposed utility tax rates in this budget,” said city manager Jason Weeks speaking at Monday night’s city council meeting.
Included in the budget is money for new positions in the police and fire departments, and a new gas technician. There is an additional $1.5 million set aside for compensation increases, aimed at the retention of employees.
Weeks says that various departments and city staff proposed “wish list” items, totaling around $13.5 million, for which they allocated $12.5 million.
“Majority of that, so we do not scare everyone, is Capital Improvement Projects. We need a water tower, water well, high pressure gas system…a lot of the stuff is for CIP,” said Weeks.
Weeks and staff will be presenting the budget to council next Monday, August 15th during a special meeting.
You can see a full breakdown of the budget on the City of Navasota website.