Acompáñenos a la jornada informativa sobre los #bonos2018 para conocer más sobre ellos. Llame al (512) 974-2000 para información sobre el calendario de reuniones y solicitar servicios de interpretación con al menos 5 días de anticipación.
انضم إلينا في الاجتماع المفتوح 2018 bond لمعرفة المزيد عن اتحاد 2018. اتصل برقم (512) 974-2000 لمعرفة برنامج الاجتماع المفتوح وطلب خدمات الترجمة الفورية قبل 5 أيام على الأقل.
Mời quý vị cùng tham dự buổi tọa đàm công khai về trái phiếu #2018 để tìm hiểu thêm về trái phiếu 2018. Gọi (512) 974-2000 để biết lịch trình tổ chức buổi tọa đàm công khai và yêu cầu dịch vụ thông dịch trước ít nhất 5 ngày.
2018 BOND OPEN HOUSE SCHEDULE
A series of community open houses have been scheduled to provide residents an opportunity to ask questions and learn more about the bond. Community members are invited to attend any of the 10 open houses. The open house schedule is as follows:
District 1: October 10, 6:00-8:00 p.m., Millennium Youth Entertainment Complex, 1156 Hargrave St.
District 2: October 8, 4:30-6:30 p.m., Southeast Branch Library, 5803 Nuckols Crossing Road
District 3: October 25, 6:00-8:00 p.m., Montopolis Recreation Center, 1200 Montopolis Drive
District 4: October 20, 12:00-2:00 p.m., Gus Garcia Recreation Center, 1201 E. Rundberg Lane
District 5: October 22, 6:30-8:30 p.m., Manchaca Road Library, 5500 Manchaca Road
*District 6: October 17, 6:30pm-8:00pm, Heritage at Hunters Chase, 12151 Hunters Chase Drive
District 7: October 15, 4:30-6:30 p.m., North Village Library, 2505 Steck Avenue
District 8: October 16, 5:30-7:30 p.m., Circle C Community Center, 7817 La Crosse Ave.
District 9: September 27, 6:00-8:00 p.m., Austin City Hall, 301 W. 2nd Street
District 10: October 3, 4:30-6:40 p.m., Old Quarry Library, 7051 Village Center Drive
*please note that this is an updated open house for District 6
You can find a copy of the presentation here. Please use the Presentation Request Form below if you would like to request an additional presentation.
2018 BOND FINANCIAL AND TAX IMPACT
The City of Austin is one of multiple taxing entities to which property owners pay taxes annually. The City of Austin property tax rate is composed of two parts: the Operations and Maintenance rate (O&M) and the debt service rate. The debt service rate is set in order to generate the revenue necessary to make the City’s payments for its tax-supported debt. The 2018 fiscal year debt service tax rate is 10.55 cents for every $100 of taxable assessed property value. The 2018 fiscal year O&M tax rate is 33.93 cents for every $100 of taxable assessed property value.
The City of Austin's general obligation bonds are backed by the City's levy of an ad valorem tax (property tax) to secure payment of the bonds. Passage of the proposition and issuance of the bonds and notes would affect only the debt service tax rate portion of the City of Austin tax rate.
Tax Bill Impact Calculator
The estimated tax bill impact of passage of the propositions and issuance of the proposed bonds and notes contained in this section is an approximation based on the fiscal year 2018 property tax rate (33.93 cents per $100 of taxable assessed value) as well as assumptions about market and economic conditions, and may be subject to change. The numbers provided in the Tax Bill Impact Calculator do not guarantee a certain impact on a property owner’s annual tax bill.
To view a property’s taxable value, visit the Travis Central Appraisal District at www.TravisCAD.org if the property is located in Travis County; the Williamson Central Appraisal District at www.WCAD.org if the property is in Williamson County; or the Hays County Central Appraisal District at www.HaysCAD.com if the property is located in Hays County.
The anticipated annual tax bill impact is based on taxable home value. Taxable home value is the value of a home after property tax exemptions, such as the homestead exemption, or senior exemption, have been applied
Enter Taxable Assessed Home Value
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Estimated Annual Tax Bill Impact
BACKGROUND
In 2016, the Austin City Council formed a citizen-led Bond Election Advisory Task Force (Task Force) to identify, study, prioritize, and propose various projects for consideration of bond funding in a potential 2018 election. The Bond Election Advisory Task Force, comprised of 13 Austin residents, convened 13 full task force meetings and 66 working group meetings. In total, approximately 140 hours of public meeting time occurred, with nearly 300 Austin residents participating in in-person and online bond-simulator exercises. Additionally, 12 separate community engagement sessions, reaching all 10 council districts, were conducted, and more than 900 online bond surveys were submitted and reviewed.
For nearly 24 months, the Task Force met with stakeholders, gathered input, and developed a proposal, focusing its recommendation to the City Council on reinvestment in current city infrastructure. In August 2018, the Austin City Council passed an ordinance calling for a $925 million bond election on November 6, 2018, and set ballot language for seven different propositions.
June 28, 2018: City Council passed Resolution 20180628-027 directing the City Manger to bring back an ordinance calling an November 2018 Bond Election for $925 million.
City Data
Austin Notes