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Bee Cave council votes to propose 2¢ tax rate; unanimous roll call
Summary
The Bee Cave City Council voted unanimously Aug. 11 to propose a 2¢ property tax rate for tax year 2026, after staff said the rate is below the 'no new revenue' threshold and would effectively lower the typical homeowner’s tax bill by a small amount.
The Bee Cave City Council voted unanimously Aug. 11 to propose a 2¢ property tax rate for tax year 2026 during its regular meeting.
Julie, addressing the council on the proposed rates, said the city’s calculations show the proposal is “we propose to remain at the 2¢ tax rate” and noted staff’s estimate that the figure is below the no-new-revenue threshold. She explained the city’s average single-family taxable value changed only marginally this year and walked through the revenue-rate and voter-approval-rate calculations used to determine whether voter approval would be required.
Why it matters: staff said the council’s fund balance and sales-tax-driven revenue mix leave the city in a position to set a low tax rate without jeopardizing services. The council conducted a roll-call vote after the motion to propose the tax rate and recorded unanimous support; final adoption will follow the statutorily required notices and hearings in coming weeks.
What’s next: staff will publish the proposed budget and tax documents and the council will hold a public hearing on the budget and proposed tax rate as required by state law before taking a final vote.
Quote: “we propose to remain at the 2¢ tax rate,” Julie said.
