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Preliminary Austin property tax roll shows 3.1% decline; appeals reduce FY2025 roll by roughly $1.8B
Summary
City staff told the Audit & Finance Committee that TCAD's preliminary values project a 3.1% decline in taxable values, with new construction estimated at $2.8 billion and a high volume of appeals lowering the FY2025 roll by about $1.8 billion compared with last July, complicating revenue forecasts under the state's 3.5% cap.
Eric Nelson, deputy director of Budget and Organizational Excellence, presented a first look at the preliminary property tax roll for tax year 2026 and the implications for fiscal 2027 revenue forecasting.
Nelson said Travis Central Appraisal District (TCAD) projects a net decline in taxable values of roughly 3.1% compared with last summer's certified…
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