Bee Cave Council approved the fiscal year 2026-2027 budget and property tax rate at a Sept. 22 council meeting.
The overview
Bee Cave approved maintaining the prior year’s property tax rate at $0.0200 per $100 of valuation.
The average taxable homestead value decreased slightly in fiscal year 2026-2027 from $768,375 to $768,061, making the annual tax amount for the average home about $153.61, roughly 7 cents less than the previous year.
The city's property tax rate has been set at $0.0200 for over 15 years.
“We’re in a great position as a city,” City Council member Andrea Willott said.
Bee Cave is anticipating $320,879 in revenues from property taxes, according to city documents.
By the numbers
Bee Cave also approved a nearly $26 million budget with an anticipated $1.49 million surplus.
The FY 2026-27 budget shows revenues for the city at roughly $14.3 million and expenses at $12.8 million.
“I’m not immune to understanding the difficulty and what otherwise would most likely cause a lot of strife for a lot of other municipalities across the state, and we’re able to look at this and just nitpick the little things … it’s just wonderful,” City Council member Blake Sbrocco said.
Revenue from sales tax makes up almost 78% of the city’s revenue and exceeds the previous year’s budgeted amount by $600,000.
The city’s largest expenses include police, planning and development and administration costs.
What else
The budget and tax rate will take effect Oct. 1.
Lake Travis ISD adopted a rate of $1.0329 per $100 of valuation, a slight decrease from the previous rate of $1.0397.
Travis County homeowners may see a slight increase in property taxes compared to the previous year, but the budget and tax rate have not been adopted yet.
