Lewisville approves 2024-25 Fiscal Year budget

On September 9, the Lewisville City Council unanimously approved the fiscal year 2024-2025 budget during a regularly scheduled meeting. The newly adopted budget prioritizes affordable housing and infrastructure improvements, responding to the city's ongoing growth and development demands. The council's decision to maintain the current property tax rate, despite an increase in tax revenue, reflects a commitment to easing the financial burden on residents. City officials highlighted that the budget surplus will be strategically allocated to enhance public services and community programs. The council members expressed satisfaction with the budget's alignment with the city's long-term financial goals and community needs.

Mayor and council members praised the collaborative efforts that led to the budget's formulation, emphasizing transparency and public engagement in the process. As Lewisville continues to expand, this budget is expected to play a crucial role in shaping the city's future while ensuring that residents' interests remain a priority. The unanimous support for the budget signals a strong commitment to fiscal stewardship and community welfare.