AUSTIN, Texas - Austin City Council has voted to approve its $6.3 billion budget for 2025-26.

On Thursday, August 14, the vote was 10-1 to approve the budget with one "no" from District 10 Council Member Marc Duchen.

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Austin city manager proposes $6.3B budget for 2025-26

Austin's city manager presented a proposed budget of $6.3 billion for 2025-26 to the mayor and city council on Tuesday.

Tax rate election

With the approval of the budget, the council will also pursue a tax rate election for a 5-cent increase per $100 on your property taxes.

That would add up to about $25.22 per month in property taxes for the average Austin homeowner, compared to FY 2024-25.

The tax rate election, the council said, will help address a $33.4 million structural budget deficit.

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