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City
Adopts Balanced Budget for FY 2003-04
Below is a summary of the FY 2003-04 adopted budget of the
City of Hill Country Village and the Economic Development Corporation. The
budget is balanced at or below the property tax rollback tax rate. The property tax rate for FY 2002-03 adopted by City Council
is $0.095000 per $100 valuation. The FY 2003-04 adopted budget represents one of the most
challenging budgets in years, eliminating a projected shortfall through a
combination of reductions and redirections designed to minimize adverse impact
on the delivery of priority services. The FY 2003-04 adopted budget reflects a decrease of 3.96 percent from FY
2002-03 estimates primarily due to the close out of the Road
Project—Phases II and III in November 2002 Should you wish to view a more detailed version of the
budget, please stop by City Hall. As always, City staff is available should you
have any questions.
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