Austin News

Bigger convention center doesn't guarantee significantly more business, expert says

By Zeta Cross | Feb 17, 2020

Last November’s election gave the go-ahead for Austin’s $1.2 billion plan to renovate the Austin Convention Center

New cap on property tax increases is a game changer for Austin, analyst says

By Zeta Cross | Feb 7, 2020

When he signed Senate Bill 2 into law last summer, Gov. Greg Abbott capped property tax revenue increases in Texas at 3.5 percent a year, excluding new construction and debt obligations. The new law is a game changer for Austin and other Texas municipalities and counties that are used to having much more flexibility in spending.

TRS exec says in letter to state rep that Indeed Tower space will mean 'significant savings'

By Zeta Cross | Jan 31, 2020

Retired Texas teachers are fuming on Facebook about the decision of the Teacher Retirement System of Texas (TRS) to move its Investment Management Division (IMD) offices to the under-construction Indeed Tower in downtown Austin, where the rent will be $362,000 a month.