Fiscal Year 2024-25 Approved Tax Rate Notice and Statement
City of Austin Tax Year 2024 Tax Code Section 26-18 Noticing Requirements (PDF, 130KB)
Fiscal Year 2024-25 Tax Rates
| Tax | Rate |
|---|---|
| Property | 47.76 cents per $100 taxable value |
| Sales | 1% of gross taxable sales |
| Hotel/Motel Occupancy | 11% of room rate |
| Motor Vehicle Rental | 5% of gross rental receipts |
| Mixed Drink | The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin. |
| Bingo | The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin. |
City of Austin Property Tax Rates
The Fiscal Year 2024-25 budget will raise more revenue from property taxes than last year's budget by an amount of $84,195,062, which is a 8.1 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $25,951,155.
| Rate |
Prior Fiscal Year |
Current Fiscal Year |
|---|---|---|
| Property Tax Rate |
0.4458 |
0.4776 |
| No-New-Revenue Rate |
0.4310 |
0.4508 |
| No-New-Revenue M&O Tax Rate |
0.3457 |
0.3686 |
| Voter Approval Tax Rate |
0.4458 |
0.4776 |
| Debt Rate |
0.0881 |
0.0961 |
| 2024-2025 City of Austin General Obligation Debt Service: |
$251,557,530 |
|
Fiscal Year 2024-25 City Council Tax Rate Vote
| Name |
District |
Vote |
|---|---|---|
| Kirk Watson |
Mayor |
For |
| Natasha Harper-Madison |
1 |
For |
| Vanessa Fuentes |
2 |
For |
| José Miguel Anwar Velásquez |
3 |
For |
| José “Chito” Vela |
4 |
For |
| Ryan Alter |
5 |
For |
| Mackenzie Kelly |
6 |
Against |
| Leslie Pool |
7 |
For |
| Paige Ellis |
8 |
For |
| Zohaib “Zo” Qadri |
9 |
For |
| Allison Alter |
10 |
For |
Previous Fiscal Year Tax Rates
- FY 2023-24
-
Property 44.58 cents per $100 taxable value Sales 1% of gross taxable sales Hotel/Motel Occupancy 11% of room rate Motor Vehicle Rental 5% of gross rental receipts Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin. Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.
- FY 2022-23
-
Property 46.27 cents per $100 taxable value Sales 1% of gross taxable sales Hotel/Motel Occupancy 11% of room rate Motor Vehicle Rental 5% of gross rental receipts Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin. Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.
- FY 2021-22
-
Property 54.10 cents per $100 of taxable value Sales 1% of gross taxable sales Hotel/Motel Occupancy 11% of room rate Motor Vehicle Rental 5% of gross rental receipts Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin. Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.
- FY 2020-21
-
Property 53.35 cents per $100 of taxable value Sales 1% of gross taxable sales Hotel/Motel Occupancy 11% of room rate Motor Vehicle Rental 5% of gross rental receipts Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin. Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.
- FY 2019-20
-
Property 44.31 cents per $100 of taxable value Sales 1% of gross taxable sales Hotel/Motel Occupancy 11% of room rate Motor Vehicle Rental 5% of gross rental receipts Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin. Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.
- FY 2018-19
-
Property 44.03 cents per $100 of taxable value Sales 1% of gross taxable sales Hotel/Motel Occupancy 9% of room rate Motor Vehicle Rental 5% of gross rental receipts Mixed Drink The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages. The City receives 10.7143% of total mixed beverage tax receipts collected in Austin. Bingo The State of Texas assesses a 5% prize fee on bingo winnings in excess of $5. The City receives 25% of the fee collected on a prize awarded at a bingo game conducted in Austin.