A tax rate of $0.344445 per $100 valuation has been proposed by the Commissioners Court of County of Travis.
PROPOSED TAX RATE | $0.344445 | per $100 |
NO-NEW-REVENUE TAX RATE | $0.302392 | per $100 |
VOTER-APPROVAL TAX RATE | $0.319445 | per $100 |
The no-new-revenue tax rate is the tax rate for the 2024 tax year that will raise the same amount of property tax revenue for County of Travis from the same properties in both the 2023 tax year and the 2024 tax year.
The voter-approval tax rate is the highest tax rate that County of Travis may adopt without holding an election to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that County of Travis is proposing to increase property taxes for the 2024 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON
Tuesday, August 13, 2024, at 9:00 a.m. at the Commissioners Courtroom on the first floor of 700 Lavaca Street, Austin, Texas 78701.
Members of the public may also give comments on the proposed tax rate during the hearing by calling (844) 883-9182.
The proposed tax rate is also greater than the voter-approval tax rate. If County of Travis adopts the proposed tax rate, County of Travis is required to hold an election so that the voters may accept or reject the proposed tax rate. If a majority of the voters reject the proposed tax rate, the tax rate of the County of Travis will be the voter-approval tax rate. The election will be held on November 5, 2024. You may contact the Travis County Clerk’s Office for information about voting locations. The hours of voting on election day are 7:00 a.m. to 7:00 p.m.
YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount = (tax rate) x (taxable value of your property) / 100
County Judge Andy Brown | FOR the proposal |
Commissioner Precinct One Jeffrey W. Travillion, Sr | FOR the proposal |
Commissioner Precinct Two Brigid Shea | FOR the proposal |
Commissioner Precinct Three Ann Howard | FOR the proposal |
Commissioner Precinct Four Margaret J. Gómez | FOR the proposal |
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.
The following table compares the taxes imposed on the average residence homestead by County of Travis last year to the taxes proposed to be imposed on the average residence homestead by County of Travis this year.
2023 | 2024 | Change | |
Total tax rate (per $100 of value) |
$0.304655 | $0.344445 | Increase of $0.03979 per $100, or 13.1% |
Average homestead taxable value |
$475,289 | $503,929 | Increase of $28,640, or 6.0% |
Tax on average homestead |
$1,447.99 | $1,735.76 | Increase of $287.77, or 19.9% |
Total tax levy on all properties | $948,529,171 | $1,114,500,288 | Increase of $165,971,117, or 17.5% |
For assistance with tax calculations, please contact the tax assessor for County of Travis at (512) 854-9473 or [email protected], or visit www.traviscountytax.org for more information.