Annual Budget

Fiscal Year 2022-2023

This budget will raise more total property taxes than last year's budget by $1,373,703 or 5.11%, and of that amount, $662,887 is tax revenue to be raised from new property values added to the tax roll this year.



The above statement is required by Section 102.005 (b), Loc. Gov. Code as amended by HB 3195 of the 80th Texas Legislature.

City Council Record Vote

FOR: Mayor Jeff Bauknight, Rafael DeLaGarza III, Josephine Soliz, Duane Crocker, Jan Scott, Mayor Pro-Tem Dr. Andrew Young and Mark Loffgren


AGAINST:


ABSENT:


PRESENT AND NOT VOTING:


NOT PRESENT DURING VOTING:

Tax Rate

Property Tax Rate

No-New Revenue Tax Rate

No-New Revenue M&O Tax Rate

Voter-Approval Tax Rate

Debt Tax Rate

FY 22-23

$0.5582

$0.5461

$0.3262

$0.5595

$0.2127

FY 21-22

$0.5882

$0.5652

$0.3387

$0.5974

$0.2376

The amount of municipal debt obligation secured by property Taxes for the City of Victoria is $43,545,000.


The above statement is required by Section 102.007 (d), Loc Gov. Code as amended by S.B. 2 of the 86th Texas Legislature.

Introductory Section

GFOA Budget Award

ANNUAL BUDGET



Fiscal Year


October 1, 2022 through September 30, 2023




Jeff Bauknight, Mayor


COUNCIL MEMBERS

Dr. Andrew Young, Mayor Pro-Tem

Rafael DeLaGarza, III

Josephine E. Soliz

Duane Crocker

Jan Scott

Mark Loffgren



Jesús A. Garza, City Manager




Gilbert P. Reyna, Jr., CP.A., Chief Financial Officer

Budget Summary Section

Funds Section