City of Bulverde City Hall
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City of Bulverde City Hall - overview
Location
Bulverde, TX, US
Primary Industry
Business Support Services
About
City of Bulverde City Hall is the municipal governing body that provides essential services to residents, ensuring public safety and community engagement through infrastructure and recreational facilities. City of Bulverde City Hall serves as the administrative office for local government functions, overseeing municipal services in Bulverde, Texas. The city was acquired by Burlington Capital Group in April 2018, although the financial details of the deal were not disclosed. The City operates from its headquarters in Bulverde, located in the state of Texas, US.
The City of Bulverde primarily offers municipal services to its residents, including waste management, public safety through its Police Department, and recreational facilities such as the Bulverde Community Park and splash pad. These services aim to enhance the quality of life for residents by providing essential infrastructure and community engagement opportunities. The City manages various civic functions such as City Council meetings and Municipal Court operations, ensuring efficient governance and addressing community needs. The services cater to a diverse client base of residents, local businesses, and visitors, effectively serving the surrounding geographical markets of Comal and Bexar Counties in Texas.
The City also engages with the community through informational resources regarding local events, tax rates, and other municipal activities. The revenue for the City of Bulverde primarily stems from property taxes and municipal fees associated with the services it provides. The adopted tax rate was recently raised by 30. 04 percent, indicating a structured approach to funding maintenance and operational expenses, with specific provisions for local infrastructure improvements.
Transactions between the City and its constituents typically involve property tax assessments based on home valuations, as well as fees for recreational facility usage and municipal services. The City employs a direct-to-consumer model, where residents pay taxes and service fees, contributing to the overall financial health of the municipality. This model supports essential services while also creating opportunities for community engagement through public events and programs. As part of its growth strategy, the City of Bulverde aims to enhance its recreational offerings and expand community engagement initiatives.
Future plans include the development of new park facilities and community programs targeted for rollout by the end of 2024. The funding acquired through the recent acquisition by Burlington Capital Group in April 2018 will be utilized to support these initiatives and improve local infrastructure. The City continues to focus on enhancing its services to better meet the needs of its residents and surrounding communities.
Current Investors
Burlington Capital Group
Primary Industry
Business Support Services
Sub Industries
Government, Corporate Law
Website
www.bulverdetx.gov
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
City of Bulverde City Hall - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | City of Bulverde City Hall | - |
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