Round Rock Budgets $525.3 Million For 2022 Fiscal Year

Round Rock TX

09 August, 2021

1:02 PM

Description

ROUND ROCK, TX — The city of Round Rock has budgeted $525.3 million for 2022, which will be heavy on infrastructure spending to meet demands of a growing population. The proposed budget will include a record amount for road construction and a new mental health team to deal with increasing challenges faced by public safety officers. The City Council's July 22 work session kicked off the FY 22 budget and tax adoption process. The first votes on the final budget and tax rate are set for Aug. 26. The proposed budget is $105 million more than the original FY 21 budget and includes 52 new full-time positions. Those higher-than-usual increases are the result of the conservative fiscal approach taken over the past 18 months due to the COVID-19 pandemic, authorities said. While there was a hiring freeze and limited revenues due to the pandemic, revenues continued to grow, as did Round Rock's population and the resulting demand for services, officials said. "Our finance team views FY 22 as a year for a fiscal reset," officials said Friday. The 2022 fiscal year proposal saw revenues grow plus funds from the American Rescue Plan Act will help needed city programs, operating costs are expected to return to 2020 capacity and there are no longer frozen positions. Authorities said they expect base costs to increase slightly due to supply shortages and higher demand. For more information about the 2022 fiscal year plan, visit the city of Round Rock's website. RELATED COVERAGE:Need A Job? Capital Metro Is Hiring Bus Drivers, Mechanics Back To School: Round Rock ISD 2021-22 School Calendar Round Rock Seeks Input On Old Settlers Boulevard Extension