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Austin working early to address 'budget asteroids'; it may mean a tax rate election

Summary by KXAN

AUSTIN (KXAN) -- After Austin Mayor Kirk Watson announced the city would change the way it works on its budget, the Audit and Finance committee met Wednesday to better understand Austin's financial landscape. The city is starting its budget conversations with elected leaders earlier than usual this year so it can plug holes created by federal funding cuts -- not just the loss of grant funding but also congressional earmarks and the possible elim…

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KXAN

Center

Austin working early to address 'budget asteroids'; it may mean a tax rate election

6 days ago·Austin, United States

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The Record

+2 Reposted by 2 other sources

Lean Left

Oro-Medonte residents staring down 4.07% tax hike

Oro-Medonte taxpayers are looking at a total blended tax increase of 4.07 per cent in 2025 and a further increase of 3.98 per cent in 2026 if the draft budget that was presented to township council Thursday has no changes.

6 days ago·Waterloo, Canada

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Community Impact

Center

Austin leaders preparing to seek voter approval for tax rate hike

City Council members are planning to ask voters to approve higher local taxes in the near future.

7 days ago·Pflugerville, United States

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Austin Monitor

Lean Left

Tax rate election looks likely for Austin this year - Austin Monitor

Under state law, Austin is only allowed to raise its tax rate by 3.5 percent without asking voters for permission. That law has been on the books since 2019 without the city scheduling a tax election. But it looks like… The post Tax rate election looks likely for Austin this year appeared first on Austin Monitor.

7 days ago

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localteam.ai

How Market Trends Affect Austin Property Taxes

Austin homeowners: Rising home values mean higher property taxes, but you can take steps to manage your tax burden. Here’s what you need to know: Higher home prices = higher taxes: Property taxes in Austin are based on your home’s market value, which is determined by recent sales and market trends. You can contest your assessment: If your home’s appraised value seems too high, gather evidence and file a protest with the Travis Central Appraisal…

7 days ago

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