At the 4th Quarter Good News lunch presented by the Brady/McCulloch County Chamber of Commerce on Wednesday, Brady City Manager Erin Corbell outlines the key programs that are included in the City’s 2024 budget.
Corbell began by noting that the tax rate set by the City Council was .34 cents per $100 valuation which means there is no increase in the rate for next year.
The City’s total budget is $34.7 million. The City Manager pointed out however, that amount includes separate enterprise funds — for water and sewer improvements in particular — that raise the overall budget well above what would be considered a normal budget.
The program for upgrading the City’s sewer plant began in 2013 and is now about 80% finished and will be begin operating in 2024. The majority of the $11.6 million cost of the project is being through grants and interest free loans from the Texas Water Development Board.
The City’s new water project is the result of the need to reduce radionucleid levels in the water system will be completed this year and go into full operation early next year. Total cost will be $28 million, with $18 million of that amount covered by grants from the Texas Water Development Board.
Other key City budget figures include $8.6 million for the General Fund; $8.4 million for the Electric Dept; and $5.5 million for the Water/Sewer Dept.
During 2024, Corbell said the City will be developing a new Comprehensive Plan and new Parks master plan; implementing a street improvement effort; and launching the Text My Gov alert program for the City.