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Austin City Council Approves $6.6 Billion Budget

The Austin City Council has approved a $6.6 billion budget for the upcoming fiscal year that includes a property tax increase and higher costs for several city services. Council members approved the budget Wednesday night on a 9-2 vote, with Mayor Kirk Watson and Council Member Marc Duchen voting against it. The budget raises the city’s property tax rate by 3.5%. For the owner of an average-value Austin home of about $488,000, that translates to…

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CBS Austin broke the news in Austin, United States on Wednesday, August 12, 2026.
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