The Kaufman City Council has approved a two-cent property tax reduction, from 84 cents to 82 cents per $1 of assessed valuation for city property owners, for its fiscal year 2021 budget.
City staff announced that next year’s budget will cover continued capital projects, the completion of the Kaufman Civic Center, improvements to parks and more.
“Despite the challenges of COVID-19, the adopted budget moves Kaufman forward, while still adhering to the strong financial principles set by the city council,” city staff said in a press release.
The budget includes the following:
• A property tax rate reduction, marking a decrease for the third year in a row.
• Continued focus on capital improvement projects to improve roads, utilities, and parks.
• Strategic investments tied to Kaufman’s safety and security, quality development, improved mobility, and city infrastructure.
• City workforce investments that help recruit and retain highly engaged employees.
More information is available at www.kaufmantx.org