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The Austin tax rate election ballot measure Proposition Q appears headed for failure, based only on early voting results released after 7 p.m. Nov. 4.
Early vote totals out of Hays, Travis and Williamson counties show Proposition Q being rejected by a two-to-one margin, with 60,225 votes cast against—more than 67%—versus just 29,568 votes cast in favor.
Proposition Q asked voters to approve a 20% increase to Austin's property tax rate, as set by City Council during their budget adoption this summer. The higher rate would generate about $110 million in additional revenue for various programs.
If the election outcome holds, Austin officials must revise the city's budget based on a lower tax rate—one that's still about 10% higher than last year's, and that would add about $105 to the typical homeowner's tax bill.
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