City council approves 2018-2019 budget, tax increase

City council approves 2018-2019 budget, tax increase

LUBBOCK, TX (KCBD) - The Lubbock City Council met during a regular meeting on Thursday to discuss and finalize a budget for the year 2018-2019, which will begin on Oct. 1.

This more than $800 million budget calls for rate reductions in some area while it also increases in others.

Notably, the council passed a 1 cent tax increase, which now sets the property tax rate at around 54 cents per $100 valuation. Other increases include a surcharge fees for landfill facilities, from $34.50 to $36.50 and wastewater base rates, a 50 cent increase totaling $16.50.

There will also be surcharge fee decreases in city services such as the transfer for franchise fee from water/wastewater funds, $1 to 50 cents and metered rates, $17.25 to $17.

The budget would give a salary increase for city employees and also increases staff for the Lubbock Police Department.

The full budget proposal can be seen here.

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