Bee Cave City Council met on September 22 to finalize the fiscal year 2026‑2027 budget and property‑tax rate. Council members voted to keep the tax rate unchanged at $0.0200 per $100 of assessed value, a level that has been in place for more than 15 years.
Tax rate and impact on homeowners
The decision means the average taxable homestead value, which slipped slightly from $768,375 to $768,061, will generate an annual tax bill of about $153.61 for the typical homeowner – roughly seven cents less than last year. The city expects to collect $320,879 in property‑tax revenue under the approved rate.
Budget details and projected surplus
The council also approved a comprehensive budget of nearly $26 million. Projected revenues total roughly $14.3 million, while anticipated expenses are $12.8 million, leaving an estimated surplus of $1.49 million. Councilmember Blake Sbrocco praised the outcome, saying the city’s finances allow officials to “nitpick the little things” and avoid the strain many other Texas municipalities face.
Sales‑tax revenue remains the dominant source, accounting for almost 78 % of total city income and exceeding the prior year’s budgeted amount by $600,000. The largest expense categories include police services, planning and development, and administration costs.
Community perspective
Councilmember Andrea Willott highlighted the broader significance, noting, “We’re in a great position as a city.” Maintaining a stable tax rate while delivering a surplus underscores the council’s commitment to fiscal responsibility and the ability to fund essential services without burdening residents.
Implementation timeline and surrounding districts
The new budget and tax rate will take effect on October 1. For comparison, neighboring Lake Travis Independent School District adopted a slightly lower school‑district tax rate of $1.0329 per $100 of valuation, down from $1.0397.
Travis County homeowners may see a modest increase in their property taxes next year, but the county’s budget and tax rate have not yet been finalized.
What this means for Bee Cave residents
By preserving a low, predictable property‑tax rate and delivering a healthy surplus, Bee Cave positions itself to continue investing in public safety, infrastructure, and community development. Residents can expect stable services and the potential for future projects that enhance quality of life without the need for tax hikes.
Original reporting: Community Impact — Austin — read the source article.