Fiscal Year 2024-25 Tax Rates

Tax Rate
Property 47.76 cents per $100 taxable value
Sales 1% of gross taxable sales
Hotel/Motel Occupancy 11% of room rate
Motor Vehicle Rental 5% of gross rental receipts
Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin.
Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.


City of Austin Property Tax Rates

The Fiscal Year 2024-25 budget will raise more revenue from property taxes than last year's budget by an amount of $84,195,062, which is a 8.1 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 $25,951,155.
 

Rate

 Prior Fiscal Year
 2023-24

Current Fiscal Year
2024-25

Property Tax Rate

0.4458

0.4776

No-New-Revenue Rate

0.4310

0.4508

No-New-Revenue M&O Tax Rate

0.3457

0.3686

Voter Approval Tax Rate

0.4458

0.4776

Debt Rate

0.0881

0.0961

2024-2025 City of Austin General Obligation Debt Service: 

$220,759,575.00

 

Fiscal Year 2024-25 City Council Tax Rate Vote

Name

District

Vote

Kirk Watson

Mayor

For

Natasha Harper-Madison

1

For

Vanessa Fuentes

2

For

José Miguel Anwar Velásquez

3

For

José “Chito” Vela

4

For

Ryan Alter

5

For

Mackenzie Kelly

6

Against

Leslie Pool

7

For

Paige Ellis

8

For

Zohaib “Zo” Qadri

9

For

Allison Alter

10

For


Previous Fiscal Year Tax Rates
 

FY 2023-24
Property 44.58 cents per $100 taxable value
Sales 1% of gross taxable sales
Hotel/Motel Occupancy 11% of room rate
Motor Vehicle Rental 5% of gross rental receipts
Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin.
Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.

 

FY 2022-23
Property 46.27 cents per $100 taxable value
Sales 1% of gross taxable sales
Hotel/Motel Occupancy 11% of room rate
Motor Vehicle Rental 5% of gross rental receipts
Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin.
Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.

 

FY 2021-22
Property 54.10 cents per $100 of taxable value
Sales 1% of gross taxable sales
Hotel/Motel Occupancy 11% of room rate
Motor Vehicle Rental 5% of gross rental receipts
Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin.
Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.

 

FY 2020-21
Property 53.35 cents per $100 of taxable value
Sales 1% of gross taxable sales
Hotel/Motel Occupancy 11% of room rate
Motor Vehicle Rental 5% of gross rental receipts
Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin.
Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.

 

FY 2019-20
Property 44.31 cents per $100 of taxable value
Sales 1% of gross taxable sales
Hotel/Motel Occupancy 11% of room rate
Motor Vehicle Rental 5% of gross rental receipts
Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin.
Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.

 

FY 2018-19
Property 44.03 cents per $100 of taxable value
Sales 1% of gross taxable sales
Hotel/Motel Occupancy 9% of room rate
Motor Vehicle Rental 5% of gross rental receipts
Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin.
Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.