City Budget

The city will have to make some tough decisions about what programs and other needs to fund.

About $4 million will fund one-time initiatives that address child care, public safety and homelessness rather than going into the city's savings account.

The city's financial team said sales tax revenue has fallen flat and put the budget behind initial projections.

The average Austin property owner will see an increase of about $172 a year for taxes, rates and fees.

The pay raise is funded by an unexpected increase in sales tax revenue, leaving the city with an extra $20 million as it hashes out the budget. The raise will cost an estimated $7 million per year.

Austin City Manager Spencer Cronk said the average household would see a $10 monthly increase in taxes if the proposal gets the OK from City Council in August.

The city estimates someone who owns a house valued at roughly $400,000 will save about $17 on their annual property tax bill.

Cities that reduce their police budgets compared to years past could face severe financial penalties under a new Texas law.

La ciudad de Austin tiene un presupuesto de $4.2 mil millones para el año fiscal 2021-2022, el cual comienza el 1 de octubre. La municipalidad estará recibiendo sugerencias sobre cuáles deberían ser las prioridades del gasto público hasta el lunes.

Austin has a budget of $4.2 billion for fiscal year 2021-2022, which begins Oct. 1. Public feedback on what the city's spending priorities should be is being accepted through Monday.