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 $56,309,077, which is a 6.1 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 $23,007,014.

Austin City Council vote by each member on fiscal year 2021-2022 Adopted Budget:

FOR:

AGAINST: None

PRESENT and not voting: None

ABSENT: None

City of Austin Property Tax Rates:

Fiscal Year 2020-2021 2021-2022
Property Tax Rate 0.5335 0.5410
No-New-Revenue Rate 0.4284 0.4975
No-New-Revenue M&O Tax Rate 0.3222 0.4086
Voter Approval Tax Rate 0.4460 0.5542
Debt Rate 0.1126 0.1130
2021-2022 Austin General Obligation Debt Service: $239,107,427