The Cleburne City Council adopted its Fiscal Year 2020 budget, which includes a lower tax rate, continues to fund capital improvement projects, and funds facility and equipment maintenance and replacement.
The City Council approved the $88.9 million budget at its Sept. 10 meeting. The budget outlines the city’s revenues and expenditures for Fiscal Year 2020, which runs from Oct. 1, 2019 to Sept. 30, 2020.
“This is not a flashy budget, this is a meat and potatoes budget.” City Manager Steve Polasek said. “This puts us in position to continue to make good progress going forward.”
The budget includes a tax rate of $0.773206 per $100 of valuation. The new rate is a 3-cent or 3.8% reduction from the Fiscal Year 2019 rate of $0.804018 per $100 of valuation, which the city held for six years. This is the first tax rate reduction for the city since 2009.
The city is expecting increased ad valorem revenues as the average home value rises and the number of homes in Cleburne grows. The anticipated ad valorem increase to $13,278,365 includes a forecasted boost of $200,000 from new construction. In 2019 the average market value for a home is $134,119 compared to $111,039 in 2018.
This year’s budget continues the trend of investing in Cleburne’s infrastructure, city facilities, and equipment.
The budget invests more than $2.55 million in its street improvement program, building a streets team, and purchasing equipment to maintain our roads. While specific projects have not yet been finalized, residents can expect more road improvements and maintenance across the city similar to the miles of roadway refreshed this past year. The budget also includes additional funding for the wastewater treatment plant expansion and renovation. These projects will ensure the City has the infrastructure to service projected growth. The city has earmarked $750,000 toward a utility line replacement program aimed at replacing aging water and sewer lines.
The budget also includes new and refurbished equipment at Parks & Recreation facilities such as Splash Station and the Sports Complex. The city is putting money back into its existing facilities including runway, hanger, and terminal work at the airport.
This year’s budget also features necessary spending toward vehicle replacement. The new vehicles include a refuse collection truck, brush truck, dump truck, and street sweeper, in addition to scheduled replacement of police and fire vehicles.
The budget includes $100,000 to continue supporting the revitalization of the downtown area. The popular Downtown Building Redevelopment and Façade Improvement programs, which provide matching funds to businesses to improve the look and feel of Cleburne’s commercial properties, return. The impact of these projects is noticeable on storefronts and in the activity in buildings and offices once empty.
View the budget