AUSTIN, Texas — The City of Austin has released an updated budget proposal, after having to rework the budget for the current fiscal year after voters rejected Prop Q at the ballot box earlier this week.
Prop Q would’ve raised property taxes by about 20% compared to the last fiscal year, and the newly proposed budget is already meeting opposition from some Austinites.
After voters rejected Prop Q, the city of Austin now has to balance a budget without more than $109 million in property tax revenue…