City Of Austin, Texas
Recent News About City Of Austin, Texas
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New cap on property tax increases is a game changer for Austin, analyst says
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.