Travis County leaders receive update on 2014 budget

She added that this increase is similar to the $25 increase the average taxpayer experienced in fiscal year 2013.

The average taxable homestead value, after deducting the county's 20 percent homestead exemption and other adjustments, is expected to increase from $214,567 in fiscal year 2013 to $220,430 in fiscal year 2014, according to the most recent estimates from the Travis Central Appraisal District. The new fiscal year begins Oct. 1.

Browder said the appraisal district reported that the taxable property values in the county total $107 billion, including $2 billion worth of new construction.

Budget meetings are scheduled to take place June 6–24. The preliminary budget is expected to be submitted July 22.

Public hearings on the 2014 fiscal year budget are tentatively scheduled for Sept. 17 and 20 at 9 a.m. The court is scheduled to vote on the tax rate and budget Sept. 24.