Austin ISD's Proposition A appears likely to pass with over 58% of the early vote. The tax rate election currently leads 151,646 votes in favor and 105,964 votes against.
All results are unofficial until canvassed. Visit communityimpact.com/voter-guide/election-results to see results from all local elections in your community.
Explained
If Prop A is passed, Austin would see an over 8% increase in property taxes. The proposition would raise the Fiscal Year 2024-2025 tax rate to $0.9505 per $100 valuation. This is a $0.091 increase from the current $0.8595 per $100 valuation tax rate. Homeowners with an average home value—which has a taxable value of $544,493—would see an increase of $34 in property taxes per month, or $412 for the year, according to AISD officials.
AISD officials estimate $171 million in additional revenue through the tax increase. However, the district will keep about 24%, or $41 million due to recapture. Around 76% of the additional revenue would go to recapture if Prop A is passed.
The remaining $41 million in revenue would go towards staff raises and district costs. An estimated $17.8 million for a compensation plan to increase pay for 85% of regular benefit-eligible district employees, including teachers, librarians, counselors and other instructional staff. Teachers and librarians will see increases ranging from 0.86% increases to 8.32% increases, depending on years of experience and position.
Around $20 million will go towards increasing district savings and offsetting the budget, and 3.2 million would go towards additional campus support, including instructional coaches and special education.
Learn more
Learn more about Prop A through previous reporting from Community Impact.
