AUSTIN (KXAN) — Next month, the city of Austin will officially kick off its budget process, starting with the release of its 5-year financial forecast. City leaders appear to be taking a much more conservative approach to its budget this year.
As part of that 5-year forecast process, Austin Mayor Kirk Watson is asking the city manager to lay out what would happen if the portion of your property tax bill tied to Austin’s budget didn’t go up.
That’s a departure from the norm, which is to base forecasts and budget documents on the maximum amount the city can raise your property taxes year-over-year under state law…