Facing deficit, San Antonio could raise property tax rate for first time in 33 years

SAN ANTONIO – The City of San Antonio is getting ready to break out the budget machete and could consider property tax raises.

City staff are recommending both tactics as part of a plan to combat a growing budget deficit in the general fund, which could balloon to more than $250 million within five years.

“It’s not lost upon me that the city hasn’t increased the tax rate in 33 years,” City Manager Erik Walsh told council members during a Wednesday budget briefing…

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