WATCH: City Council Adopts Tax Rate and Budget
SAN ANGELO, TX – The City of San Angelo officially adopted the 2020-2021 budget on Tuesday during their regular scheduled meeting.
"I move that the property tax rate be increased by the adoption of a tax rate of .7760 per $100 valuation which is effectively is a 2.73% increase in the tax rate." stated Lane Carter on September 29 City Council Meeting as he motioned to set the tax rate for the upcoming year.
The budget will have a .7760 tax rate. This is the same rate that has been in the City of San Angelo for the past decade.
Although it will stay the same there will be a 2.73% increase in funds for the city due to property value increasing and new city properties.
While a number of US cities are defunding their police departments, the City of San Angelo's new budget will fund five new officers through a COPS grant, give the SAPD updated body cameras, and provide them with an updated redaction software.
The city is also adding additional health insurance for city employees.
The budget will go into effect October 1.