FINANCIAL DOCUMENTS | BUDGET AND FINANCE | BUDGET DOCUMENTS

Property Tax Information and Adopted Budget Vote

This budget will raise more revenue from property taxes than last year's budget by an amount of $54,480,316, which is an 8.8 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $16,654,416.

Austin City Council vote by each member on fiscal year 2018-2019 Adopted Budget:

FOR:

AGAINST:

PRESENT and not voting: None

ABSENT: None

City of Austin Property Tax Rates:

Fiscal Year 2017-2018 2018-2019
Property Tax Rate 0.4448 0.4403
Effective Tax Rate 0.4107 0.4137
Effective M&O Tax Rate 0.3145 0.3137
Rollback Tax Rate 0.4451 0.4482
Debt Rate 0.1055 0.1095
2018-2019 Austin General Obligation Debt Service: $207,413,547