Learn More About Comal’s 2018 Budget
Public hearings on Comal County’s proposed 2018 budget are scheduled for 8:30 a.m. and 5:15 p.m. Thursday, Aug. 17 in Commissioners Court, located on the second floor, Historic Comal County Courthouse, 100 Main Plaza, New Braunfels.
An additional hearing is set for 8:30 a.m. Aug. 22. Commissioners Court will set tax rate to fund 2018 budget on Sept. 7.
Comal County Judge Sherman Krause released his proposed budget last week.
2018 proposed budget – $92.95 million
2017 budget – $84.02 million
Proposed tax rate – 35.7921 cents/1.5-cent increase
To review the complete budget proposal, click here.
The proposal envisions a combined tax rate of 35.7921 cents per $100 assessed property valuation, an effective tax rate of 3.6413 cents, and a rollback tax rate of 37.7067 cents.
The budget reflects a $9 million increase over the $84,020, 502 budget proposed for fiscal year 2017. Extra revenue will be used for debt service and the county’s contingency fund.
Also included in the 2018 budget are a two-percent cost-of-living increase for county employees and two-percent salary adjustments aimed at keeping county salaries competitive.
Infrastructure needs also factored in due to construction of a new county jail and a sheriff’s office expansion.
The county’s tax rate in each of the past four years has been 34.2921 cents per $100 of property value, or about $685 per year on a $200,000 home.
The Commissioners Court sets this tax rate each year based on what is needed to fund the approved budget.