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Tag Archives: city budget
Forecasters size up city's lost tax revenues from sales, hotels, alcohol due to Covid-19
Early analysis shows the city will lose $1 million per month in mixed beverage taxes while the local bar and restaurant industry is shut down, with a forthcoming economic model expected to give a picture of the loss in sales…
Budget • By Chad Swiatecki • Apr 2, 2020
City, county taxes could climb 8 percent under emergency declaration
A provision included in the Texas Legislature’s “property tax transparency” bill could offer jurisdictions across the state, including the city of Austin, the financial flexibility necessary to deal with some of the economic impacts of COVID-19. According to an update…
Budget • By Ryan Thornton • Mar 26, 2020
$7.7 million added to housing trust fund
Council agreed during Tuesday’s budget meeting to more than double the funds in the city’s housing trust fund, by adding $5 million for rental housing development assistance and $2.7 million for a new home repair program. The trust fund now…
Budget • By Jo Clifton • Sep 12, 2019
Council adopts $4.2 billion budget
For the second year in a row, City Council has adopted its fiscal year budget in a single meeting of discussing and adopting amendments. With the budget passing 10-1, Council Member Jimmy Flannigan said his vote against the budget came…
Budget • By Ryan Thornton • Sep 11, 2019
Cronk promises employee pay raises next year
Austin city employees were expecting a 2.5 percent pay raise for Fiscal Year 2020 from the time staff’s proposed budget was revealed. But many of them, after reading about the 3.5 percent tax cap imposed by the state Legislature, were…
Budget • By Jo Clifton • Sep 11, 2019
Council looks at police, fire department budgets
At Council’s final budget work session on Wednesday, Deputy Chief Financial Officer Ed Van Eenoo told Council members he had learned that the city would have about $2.4 million more than anticipated when staff prepared the original budget of $4.2…
Budget • By Jo Clifton • Sep 5, 2019
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Council sets differing expectations for homeless strategy officer
While Lori Pampilo Harris, the city’s newly hired homeless strategy officer, packs her things and prepares for her journey from Orlando to Austin, City Council is making big plans for her first day on the job. The first order of…
Budget • By Ryan Thornton • Sep 5, 2019
Council looks beyond the budget
City Manager Spencer Cronk sat down with Council members at a special called work session Thursday to give an overview of four budget-related topics that have come up in recent weeks: the Hotel Occupancy Tax; an emergency-response report by the…
Budget • By Ryan Thornton • Aug 30, 2019
$2.8M earmarked for land use rewrite
The rewrite of the city’s Land Development Code is expected to account for approximately $2.8 million in the next budget, all of it coming from funds put on hold when City Council canceled the process known as CodeNEXT last year.…
Land Development Code • By Chad Swiatecki • Aug 28, 2019
Budget, tax hearings coming soon
Budget and tax rate season is upon us once again. As Deputy Chief Financial Officer Ed Van Eenoo told City Council at Tuesday’s work session, the city will hold three public hearings on the $4.2 billion budget, beginning today at…
Budget • By Jo Clifton • Aug 22, 2019
Reporter's Notebook: At what cost
Where’d you go, Harper-Madison?… After District 1 Council Member Natasha Harper-Madison filed her mid-year campaign finance report in July, it turned out that she raised $3,695 in campaign funds in January, February and March and spent $3,589. As Council members…
Reporters' Notebook • By Austin Monitor • Aug 19, 2019
Updated: Cronk proposes $4.2 billion budget, more help for homeless
“This year, our mission is to build on these successes while at the same time bracing our city’s budget against the future impacts of the state’s decision to lower the cap on local property tax revenue growth,” City Manager Spencer…