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Budget

Adler urges caution on budget

Despite Austin’s robust economy, City Council is facing budget season with difficult decisions ahead. Because of commitments made by Council when members voted on the current budget, there’s little room in the 2017 budget for increased spending or further property…

Council kicks off budget season

At its budget season opener on Wednesday, City Council heard again of Austin’s two cities: one that suffers from widening economic divisions and another that is “an economic star.” “This is extraordinary growth,” economic consultant Jon Hockenyos told Council members…

Council explores reducing transfers from utilities

Members of City Council moved ahead Thursday on two initiatives aimed at scrutinizing the role that Austin’s two public utilities play in funding basic city services. Early in the day, the Austin Energy Utility Oversight Committee, which is composed of…

Troxclair wants to cut utility transfers

Wading into the affordability debate with a new tactic, City Council Member Ellen Troxclair is proposing to cut transfers from the Austin Water utility to the city’s General Fund. On Wednesday, members of Council’s Public Utilities Committee unanimously approved forwarding…

Budget chiefs still see financial picture as rosy

A trio of city financial managers told the Austin Monitor this week that Austin is still doing well financially, and, due to conservative fiscal planning at the city, Austin Energy and Austin Water both closed out 2015 with greater than…

Does Austin spend enough on parks?

The Parks and Recreation Department is growing. And, though the department’s funding is much larger now than in past years, department leaders say Austin isn’t spending nearly enough on parks to keep the city competitive with other parks systems across…

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County adopts new tax rate

The Travis County Commissioners Court formally adopted a brand new property tax rate on Tuesday. The unanimous vote marked the last major action in this year’s version of the annual budget dance. It was a relatively placid affair, given the…

County approves budget, restores jail visitations

On the eve of Fiscal New Year’s Eve, Travis County commissioners voted to adopt a brand-new budget that will keep the lights on through 2016. Along the way, they managed to inject some last-minute drama into the proceedings by restoring…

Jail visitation dominates county budget hearing

Travis County Commissioners Court held its first of three public hearings on the proposed tax rate for the next fiscal year on Tuesday evening, but instead of anxious property owners venting about affordability concerns, a determined group of inmates’ rights…

Tax rate, transfers for parks, libraries, win approval

It was just a formality, but City Council voted 9-2 on Tuesday to adopt the Fiscal Year 2015-16 property tax rate of 45.89 cents per $100 of valuation, a 6.8 percent increase over last year. Council Members Ellen Troxclair and Don…

Austin Monitor Radio: Austin Mayor Steve Adler

Austin Mayor Steve Adler joins Monitor publisher Mike Kanin to talk about the city of Austin’s fiscal year 2015-16 budget. The show is embedded below:

Council adopts budget based on lower tax rate

By Jo Clifton and Tyler Whitson City Council adopted a balanced $3.5 billion Fiscal Year 2015-16 budget on Thursday that reduces the anticipated property tax burden for owners of median-valued homes by about $14. With an overall jump in utility…

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