City Council adopts tax rate to include more public safety funding

San Marcos City Councilmembers have approved the $0.6030 tax rate to allow room within the budget for four San Marcos Fire Department personnel and two San Marcos Police Department officers.

The tax rate represents a 10.5% increase from the No-New-Revenue rate and will generate approximately $42.4 million in city revenue, according to City of San Marcos Director of Finance Jonathan Locke.

In an Aug. 18 meeting, council chose to set the maximum tax rate for fiscal year 2023 equal to the city’s current tax rate of 60.3 cents. The decision to set the tax rate to 60.3 cents is one-cent more than the originally proposed 59.3-cent tax rate in the 2023 proposed budget and is to be specifically used for the addition of public safety personnel.