City Budget

Austin City Hall
Callie Hernandez for KUT News

Austin homeowners will pay more in property taxes and fees to the city next year under a $3.9 billion budget approved by City Council on Wednesday.

Gabriel Cristóver Pérez / KUT

Austin homeowners could see higher property tax bills next year. 

Under the city's proposed $3.9 billion budget, most residents with a median-value home ($305,510) would pay an additional $118 in property taxes compared to last year. Utility fees would rise, too – with median-value homeowners seeing an additional $60 annually in fees.

The proposed budget also aims to increase the city’s permitting capacity, while maintaining current service levels across the board.

Martin do Nascimento / KUT

The Texas Senate has been moving quickly on many of Gov. Greg Abbott’s priorities for the special legislative session. But one item has seen little movement: a spending cap on city and county budgets in the state.

401(k) 2012 / creative commons licensed

From the Austin Monitor: The non-senior Austinite who owns a median-priced home and uses an average amount of water and electricity can expect his or her bill for taxes, fees and utilities to increase by about $12.48 per month for the 2017 Fiscal Year, under a proposal from the city’s budget staff.

Jeff Heimsath for KUT News

This article is written by KUT's Austin City Hall reporting partner, the Austin Monitor (formerly In Fact Daily). 

The City of Austin’s General Fund ended fiscal year 2013 with a $14.2 million surplus. That figure amounts to a roughly 1 percent variance from projections made by city staff.

Despite the positive figure, Austin’s Chief Financial Officer Elaine Hart told members of the Council’s Audit and Finance Committee Wednesday that management was not planning on coming forward with a mid-year budget adjustment.

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