News

City of San Antonio Adopts Its Largest Municipal Budget to Date

On Thursday, September 16, the San Antonio City Council approved the 2022 budget 10-0, with one member of City Council abstaining from voting. At $3.1 billion, this is the largest budget in the city’s history.

Prior to budget adoption, City Manager Erik Walsh proposed reducing the FY 2022 budget for Economic Development Incentives by $1.3 million and the Inner-City Incentive by $700,000 to address a deficit from CPS Energy revenues being less than anticipated due to lower customer revenues in July and August. This adjustment was included in the budget adoption to avoid the deficit and to achieve a balanced budget.  

The adopted budget reflects faster fiscal recovery from COVID-19 and focuses on critical services emerging from the pandemic, specifically, increased investment in public health and continuing the emergency housing assistance program through the end of the calendar year. The city’s budget takes effect October 1.  

For more information, contact Cacie Madrid, AVP of Public Policy at cmadrid@sachamber.org or by phone at (210) 229-2161. 

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