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Council approves incentives for NXP Semiconductors' $290M planned investment

The city has agreed to its first major economic incentive package in six years, with just over $1 million for a variety of uses headed toward tech manufacturer NXP Semiconductors N.V. That package will allow NXP, which has two major…

Commissioners question health care district contingency fund, postpone budget vote

The Travis County Commissioners Court took no action on the county health care district’s proposed budget and tax increase Tuesday after repeatedly questioning the wisdom of the district’s $379 million contingency fund. The controversial fund grew rapidly in recent years…

Starting next year, researchers will seek relatives of long-lost Oakwood Cemetery residents

City officials say genetic testing of 35 Austinites buried at Oakwood Cemetery more than a century and a half ago is done, and researchers could be ready to test possible descendants of those people as soon as next year. City…

TipSheet: Austin City Council, 9.21.23

It’s the second week in a row of City Council meetings, so it makes sense that this one might lack pizzazz. As usual, however, there are some standouts on the agenda, and we’ve compiled the things we’re keeping an eye…

City, NXP to help fund child care through Chapter 380 agreement

City Council heard from more than a dozen people talking about the city’s proposed Chapter 380 agreement with NXP Semiconductors at Thursday’s meeting. Almost every one of them praised the company, which has been in Austin since 1974, operating two…

TipSheet: Austin City Council, 9.14.23

At the risk of seeming optimistic and bad at defining “fun,” today’s City Council meeting seems like it could be just that. There are a few things in particular that caught our eye, and those are detailed below. The agenda…

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Council hears details of proposed $1M incentive package for NXP Semiconductors

A Dutch semiconductor manufacturer with two factories in Austin has applied to receive the city’s first major economic incentive package since 2017. City Council heard details at Tuesday’s work session about the proposed agreement with NXP Semiconductors N.V., which is…

Hotels adjust proposed new tax, giving city steady funds for homeless services

The city’s major hoteliers have agreed to adjust the terms of a proposed new tax that will provide the city consistent money to fund homelessness services even while tourism drops off during the forthcoming reconstruction of the Austin Convention Center.…

Central Health approves budget with a Hail Mary provision to halt layoffs at Integral Care

Travis County’s public hospital district, Central Health, voted Wednesday to approve its Fiscal Year 2024 budget, which includes a last-minute line item giving $7 million in emergency funding to Integral Care. Central Health’s budget still needs final approval from Travis…

Life sciences, housing policy seen as keys for Austin's five-year growth strategy

Business leaders see the life sciences sector as the next major piece of the Austin economy and expect it to grow quickly along with semiconductor and automotive manufacturing, financial services and national defense in the years to come. Focusing on…

Budget shortfall forces Austin Music Foundation to suspend operations

The Austin Music Foundation nonprofit group has suspended activity and laid off its employees in response to a budget shortfall of nearly $200,000 from its planned budget of just over $300,000. At least $85,000 of that shortfall is the result…

Council delays decision on new hotel tax that could fund homelessness services

City Council has put on hold a long-discussed partnership with local hotels that could generate millions of dollars in General Fund revenue to cover expenses related to services for the homeless. At last week’s meeting, Council voted to delay action…

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