Lubbock City Council to approve final budget next week

Lubbock City Council to approve final budget next week

Posted:
LUBBOCK, Texas -

Lubbock's City Council will approve its final budget and new property tax rate next week. 

No one spoke at Wednesday morning's second public hearing. The one cent increase would bring in about $5 million in new revenue. 

Property values are up about 5% this year. Between appraisal creep and the new rate, a $150,00 home would pay about $46 more a year. 

That money will go to public safety improvements like police substations. 

There will be one more public hearing at next Tuesday's citizen comments period before approval. 

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