Kyle FY2024 budget passes

Kyle City Council unanimously approved the city’s budget for Fiscal Year 2023-24 during their Tuesday, Sept. 19 meeting, according to city officials.

In a press release Wednesday, officials announced that the $272.5 million budget covers serious investments in infrastructure and services while lowering the current property tax rate to $0.4693 per 100 dollars or taxable valuation –a decrease of $0.0389 or 7.65% from the City’s current adopted tax rate.

The previous property tax rate was $0.5083 per $100 taxable valuation.