Austin, Texas, homeowners are set to pay more after city leaders signed off on a record $6.63 billion budget that also raises the city’s property tax rate.
City Council approved the plan in a divided vote on August 12.
Here’s what to know
The City Council approved the fiscal year 2026-27 spending plan, Community Impact reported, and set the tax rate at $0.579948 per $100 of property value, the highest level permitted by state law without a public vote.
Compared with the current $6.3 billion budget, the new plan is nearly 5% larger…