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Details of Austin's $3.5 billion budget are revealed to the council today

The Austin City Council heard the proposed $3.5 billion budget today. 

Over the next few weeks, the City Council will review and possibly alter the proposed budget before final approval in September.  The Fiscal 2014 budget was approximately $3.3 billion.

The proposed budget includes funding for:

  • An additional 59 police officers and 38 new Police Department civilian staff, including 21 Call Center employees. 
     
  • Seventeen new positions in Aviation to account for the projected 5% growth in passenger traffic in and out of Austin Airport.
     
  • A 3.5 percent salary increase for all civilian City employees and a 1 percent increase for sworn staff.

Under the proposed budget, the property tax rate would decrease to 48.09 cents per $100 in property valuation from 50.27 cents.

If approved, the City of Austin tax bill for the projected median-priced home is estimated to be $945 per year, or $78.75 per month.  This is an approximate increase of $1.19 per month for the owner of a median-priced home, estimated at $196,500.  

Austin Energy is not proposing an increase in the base rate or customer charge. However, other necessary funding requirements will result in an approximate $4.67 increase for the typical Austin Energy customer. These requirements stem from increased fuel, power and regulatory costs for the utility.

The Austin Water Utility plans to implement a system-wide rate increase of 8.1%. Residential customers would see an average monthly increase of $2.62.

Austin Resource Recovery is proposing an increase in the Clean Community Fee of $0.75 per month for residential customers and $4.65 per month for commercial customers.

Today's budget presentation can be found here. 

Additional budget meetings, including public hearings regarding the tax rate, will continue throughout August and into early September.  The Council is scheduled to approve the budget Sept. 8-10.  The budget goes into effect Oct. 1.

The proposed budget, along with other budget information, may be found at www.austintexas.gov/finance.

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