Travis County proposes tax rate for 2021-22 fiscal year, prepares for budget approval process

Photo of the Travis County sign
Travis County is set to approve its 2021-22 fiscal year budget and tax rate in September. (Ben Thompson/Community Impact Newspaper)

Travis County is set to approve its 2021-22 fiscal year budget and tax rate in September. (Ben Thompson/Community Impact Newspaper)

Travis County commissioners on Aug. 3 set a proposed fiscal year 2021-22 property tax rate around $0.017 less than the previous year's, laying the groundwork for budget talks that will take place across August and September.

Commissioners unanimously approved a proposed tax rate of $0.357365 per $100 of taxable valuation. That rate is composed of two parts; the maintenance and operations rate, which is proposed at $0.307311, and the interest and sinking rate, or debt service rate, which is proposed at $0.050054. If approved, the county will break a two-year streak of increasing tax rates.

"We were able to lower that rate due to increasing values," Travis County Budget Director Travis Gatlin said in a briefing to commissioners. Staff used property values from January 2021 when developing the tax rate, which were up around 10% from the previous year, Gatlin said.

Commissioners will officially set the tax rate Sept. 21 following a public hearing Sept. 14. The 2021-22 budget is slated for approval the following week Sept. 28.

County staff released a preliminary draft of the budget Aug. 2, balanced at nearly $1.43 billion, up from last year's roughly $1.29 billion budget.


A public hearing on the budget is scheduled for Aug. 18. Travis County residents can also submit feedback on the proposed budget ahead of the court's vote.
By Olivia Aldridge

Reporter, Central Austin

Olivia joined Community Impact Newspaper as a reporter in March 2019. She covers public health, business, development and Travis County government. A graduate of Presbyterian College in South Carolina, Olivia worked as a reporter and producer for South Carolina Public Radio before moving to Texas. Her work has appeared on NPR and in the New York Times.



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