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Budget

Thursday, April 5, 2018 by Jack Craver

Council braces for another tight budget cycle amid threats from Legislature

City Council will have to raise property taxes by 5 percent in the Fiscal Year 2018-19 budget just to continue funding existing programs, according to a financial forecast prepared by the city budget office.In a presentation to Council members on…

Wednesday, February 28, 2018 by Caleb Pritchard

Split Commissioners Court endorses higher exemption for some homeowners

The Travis County Commissioners Court on Tuesday took a preliminary step toward enlarging the property tax exemption for homeowning residents over the age of 65 or living with a disability.The court voted 3-2 to direct Planning and Budget Office staff…

Friday, February 23, 2018 by Jack Craver

Council tries ‘outcome-based’ budgeting

Last year, City Council talked about the idea of doing “outcome-based” budgeting. 2018 is the first year that it is giving it a try.The idea is based on six strategic outcomes that Council developed last year: Having economic opportunities and…

Friday, October 13, 2017 by Jo Clifton

Council OKs reduced budget for Visit Austin

Visit Austin, formerly known as the Austin Convention & Visitors Bureau, will no longer be paying for alcohol to entertain would-be Austin conventioneers with city Hotel Occupancy Tax collections. The group promised the mayor and City Council that in the…

Monday, October 2, 2017 by Caleb Pritchard

Capital Metro board approves new budget

The Capital Metropolitan Transportation Authority will cruise through its next fiscal year with a budget of $419 million.The agency’s board of directors approved that budget with a unanimous vote – minus an absent Board Member Terry Mitchell – during its…

Wednesday, September 27, 2017 by Caleb Pritchard

Lower county tax rate will bring higher bills

In its last regular voting session before the deadline, the Travis County Commissioners Court on Tuesday approved a $1.04 billion budget for Fiscal Year 2017-18.And, despite the court adopting a nominally lower tax rate, property owners will pay slightly more…

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