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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 $34,430,743, which is a 3.4 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 $10,696,135.

Austin City Council vote by each member on fiscal year 2023-2024 Adopted Budget:

FOR:

AGAINST:

PRESENT and not voting: None

ABSENT: None

City of Austin Property Tax Rates:

Fiscal Year 2022-2023 2023-2024
Property Tax Rate 0.4627 0.4458
No-New-Revenue Rate 0.4538 0.4130
No-New-Revenue M&O Tax Rate 0.3587 0.3457
Voter Approval Tax Rate 0.4627 0.4458
Debt Rate 0.0958 0.0881
2023-2024 Austin General Obligation Debt Service: $200,258,789.00