LAMPASAS — The Lampasas City Council made quick work Monday evening of approving the tax rate for the fiscal year 2014 and adopted the same rate as last year’s 39.5 cents per $100 valuation.
However, residents will see a small uptick in taxes. With home values higher this year by a small margin, the end result brings a tax increase of $1.76 per $100 of valuation.
“In theory, it is an increase, but it is the same tax rate as the previous year,” City Manager Finley deGraffenried said. “To set an effective rate, they take all the new construction off, and if there has been an increase in the valuation, that’s what results in the difference. The long and short of it is, home values have gone up.”
With the approved rate, 9 cents will be the 2013 debt tax rate and 30.4 cents will be used toward maintenance and operational costs as well as maintaining the city’s general fund balance.
In other business, the council hosted a second reading for a proposed increase in solid waste services.
Customers will see the increase with their Oct. 1 utility bills.
“There will be approximately a 3 percent increase for trash rates. This is a contractual increase based on the CPI (Consumer Price Index) adjustment, and we have the obligation to pay the increase based on the CPI that will be a pass through increase to the citizens,” deGraffenried said.
City staffers also updated the council on a number of ongoing projects, and Public Works Director Phil Andreas summarized some of the work his department has performed since he came on board with the city two months ago.
“The bids for a drainage project on East North Avenue just came back, and bids are still being accepted for the Hoffpauir Addition wastewater extensions,” Andreas said. “I think there are a lot of positive improvements on the way. Most of the work has focused on two specific areas since I’ve arrived, and that is work on the water/wastewater systems and the street and storm drain infrastructures.”
Andreas said all the work in progress will have a positive impact in improving city services for the growing number of public utility customers, including improved water pressure and providing long overdue wastewater services for residents in the Hoffpauir subdivision.