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Austin Council Poised to Trigger November Tax Rate Election With 5¢ Hike

Council members are weighing a 5¢-per-$100 valuation increase to shore up homelessness, housing and safety programs

Overview

  • Most council members signaled support on August 13 for a rate above the 3.5% statutory cap that would trigger a tax rate election.
  • The proposed 5¢ increase would cost the average homeowner an extra $302.14 annually before other rate adjustments and $416.08 in total.
  • Council Member Marc Duchen is the only public voice opposing any budget that would require a tax rate election.
  • Mayor Kirk Watson and multiple council blocs have each advanced 5¢-per-$100 proposals with varying service priorities, from core public safety to expanded social services.
  • The council could finalize its budget and set the tax rate by Friday, sending the question to voters in November.