Council approves new tax rate, budget

Aerial view of proposed hike and bike trails, disc golf layout available on page 13.

Lampasas City Council members voted Monday to establish the Fiscal Year 2023-2024 tax rate and approve the annual budget. In a unanimous vote, the council approved the first reading of an ordinance to establish the FY 20232024 tax rate as $0.304888 per $100 valuation, which will raise property taxes 4.92% compared to last year’s rate of $0.3156. The FY 2021-2022 rate was $0.3370....

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