Wilson County News

SARA approves budget, must wait to approve tax rate

June 22, 2021
Wilson County News
SARA approves budget, must wait to approve tax rate
Show Notes

The San Antonio River Authority (SARA) board of directors adopted a 8.2 million budget June 16 for fiscal year 2021-22. Budget appropriations include: •.1 million in general fund operations •6.9 million for capital improvement projects •.1 million for annual debt service •.4 million for utility operations. The budget is based on a tax rate of 1.858 cents per 0 of taxable property value — the same rate as last year. However, while the approved budget begins July 1, directors won’t act on the final tax rate until Sept. 15 — after they receive final property valuations in late July. “The...

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