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Budget

City facing a $33 million deficit for 2026

Given current conditions, the city’s budget analysts are projecting a $33 million shortfall in the city’s General Fund in Fiscal Year 2026, with that number increasing to $79.9 million by FY 2030. City Council heard the bad news from City…

Budget • By Jo Clifton • Apr 9, 2025

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City looking to fill in gaps after spending or encumbering all ARPA funds

The city has spent or encumbered a total of $188.5 million that it received from the federal government through the American Rescue Plan Act. According to a memo to the mayor and City Council, the city met the Dec. 31,…

Budget • By Jo Clifton • Apr 8, 2025

Technology Commission approves FY 26 budget recommendations to address digital equity

Austin’s Technology Commission unanimously approved five recommendations for the Fiscal Year 2026 budget, based on a digital needs assessment, to address digital equity in Austin including funding for affordable devices, expanded public internet access and increased digital skills training for…

Budget • By Madeline de Figueiredo • Mar 11, 2025

Austin ISD announces hiring freeze as budget deficit grows to $110 million

Lee esta historia en español Austin ISD will institute a districtwide hiring freeze on March 1 as the school district tries to claw its way out of a financial hole that has grown deeper since the 2024-25 budget was approved in…

Budget • By Becky Fogel, KUT • Feb 18, 2025

Travis County passes budget with a focus on justice reform

Last week, the Travis County Commissioners Court passed the Fiscal Year 2025 budget, totaling almost $2 billion – investments in the county’s mental health care services and legal defense apparatus mean the average homeowner will see an increase of about…

Budget • By Lina Fisher • Sep 30, 2024

Travis County approves 6.5% tax rate increase for Central Health budget amid financial controversy

Travis County commissioners unanimously approved a 6.5 percent tax rate increase and a $888 million Fiscal Year 2025 budget for the county’s health care district, Central Health, on Tuesday – amid uncertainty about a potential conflict between Central Health’s mission…

Budget • By Lina Fisher • Sep 26, 2024

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Fuentes airs budget concerns over move to keep Marshalling Yard shelter open indefinitely

City Council Member Vanessa Fuentes has signaled her concerns with a resolution scheduled for next week’s meeting that could result in keeping a 300-bed emergency shelter open far longer than it was originally budgeted for. The resolution directs the city…

Budget • By Chad Swiatecki • Sep 19, 2024

Travis County commissioners postpone tax rate increase for Central Health amid financial transparency concerns

After last week’s confusing and concerning audit report on Travis County’s health care district Central Health, the Commissioners Court this week put off voting on the district’s budget and a 6.5 percent tax rate increase for Fiscal Year 2025 amid…

Budget • By Lina Fisher • Sep 19, 2024

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Central Health sends 2025 fiscal year budget to Travis County for final approval

Central Health leadership gave preliminary approval Wednesday to a $884 million budget for the 2024-25 fiscal year. The budget will go before Travis County commissioners for a final vote in September. As Travis County’s public hospital district, Central Health is…

Budget • By Olivia Aldridge, KUT • Aug 26, 2024

Taxes are rising, as are charges for city services

Money paid by city of Austin taxpayers and Austin residents who pay monthly bills for water and wastewater, electricity, trash and recycling collection (as well as a drainage utility fee and a clean community fee) will see their cost-of-living increase…

Budget • By Jo Clifton • Aug 16, 2024

Council OKs raising property tax, adding funds for homeless services in new $5.9 billion budget

Austin taxpayers will see an increase in their property tax bills next year, but not so much that it will require their approval. Taxpayers will be charged $0.4776 per $100 taxable value, with a homestead exemption of $154,000 for homeowners…

Budget • By Jo Clifton • Aug 15, 2024

Parks, pools, trees – and dogs – get a boost in new city budget

The new city budget City Council passed Wednesday delivered good news for parks and park lovers with the creation of a land acquisition fund, improved parks maintenance, additional funding for tree-planting projects and a dog park in Southwest Austin. Additionally,…

Budget • By Amy Smith • Aug 15, 2024

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