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 $193,094,612, which is a 26.2 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 $21,477,884.

Austin City Council vote by each member on fiscal year 2020-2021 Adopted Budget:

FOR:

AGAINST: None

PRESENT and not voting: None

ABSENT: None

City of Austin Property Tax Rates:

Fiscal Year 2019-2020 2020-2021
Property Tax Rate 0.4431 0.5335
No-New-Revenue Rate 0.4140 0.4284
No-New-Revenue M&O Tax Rate 0.3090 0.3222
Voter Approval Tax Rate 0.4431 0.4460
Debt Rate 0.1094 0.1126
2019-2020 Austin General Obligation Debt Service: $231,460,981