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Posted

The City of Austin is proposing to raise your city property taxes via Prop Q.

If this passes, the city tax rate will rise by 10 cents, from 47.76 cents to 57.40 cents, a 20% increase in the tax rate.
If this fails, the city tax rate will rise by only 5 cents, from 47.76 cents to 52.40 cents, a mere 10% increase in the tax rate.

10 cents of tax rate translates to $100 per year for every $100,000 of your home's taxable value.

What saith the Surl?  Do you plan to vote and if so, are you for or against?

Early voting runs Oct 20-31.  Voting day is Nov 4th.  This is an off-year election so turnout will be tiny.

Posted (edited)

BTW, full disclosure...

The tax rate is going up 10% or 20%, but that translates into an actual city tax increase of about 3.5% (if it fails) or 8% (if it passes)

Edited by Texas Jeff
Posted

Somewhat related, but I’ve been wondering lately what’s going to happen to all of the Project Connect dollars that have been collected over the last five years when ATP can’t secure federal grants for half the system cost. I’m having a hard time seeing this administration funding any mass transit infrastructure projects, especially in a blue city.



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