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Austin unveils $6.63B proposed budget, plan would add $350 to typical household annual costs

Austin leaders are reviewing the city's proposed $6.63 billion budget for the upcoming fiscal year 2026-27, a nearly 5% larger spending plan that would raise the typical household's costs about $350. City Manager T.C. Broadnax framed the budget, which includes millions of dollars in cuts to Austin's social services grants, as maintaining long-term fiscal stability while withstanding local revenue challenges.

The draft FY 2026-27 budget is about $301 million larger than the current $6.32 billion spending plan. It includes a $1.54 billion general fund largely backed by tax collections that supports many community services, from parks and libraries to public safety and social programs.

The proposed tax rate is the maximum allowed under state law, a more than 10% increase. That change would add $174 to the typical annual property tax bill, based on Austin's projected median homestead value of $484,907 next year—down $10,000 from this year's median of $494,803.

The next in a series of public meetings covering budget details will be held July 22.

 
Latest News
CapMetro to collect public feedback on proposed fare increases

Community members will be able to provide feedback on CapMetro's proposed fare increases, the first for the agency since 2015.

The update: The agency is proposing a phased approach to implementing the new fares:

  • Local Service: $1.25 (current), $1.50 (January 2027), $2.00 (January 2029)
  • Pickup Service: $1.25 (current), $1.50 (January 2027), $2.00 (January 2029)
  • Commuter Service: $3.50 (current), $4.00 (January 2027), $5.00 (January 2029)
  • CapMetro Access Service: $1.75 (current), $2.25 (January 2027), $3.25 (January 2029)

Get involved: CapMetro officials will hold four in-person public meetings from 5-7:30 p.m. on these dates for customers served by the following routes:
  • Routes 10, 325, 339: July 30 at the Goodwill Career & Technical Academy
  • Routes 325, 466, Pickup Walnut Creek: Aug. 6 at ACC Northridge
  • Routes 310, 311, 350: Aug. 18 at ACC Riverside 
  • Routes 3, 311: Aug. 19 at ACC South Austin 

Community members can also submit comments now through Aug. 31 on CapMetro's website.

What else? Customers enrolled in the reduced fare programs will continue to receive benefits under the proposed changes. 

 
On The Business Beat
Gevity brings locals together over wellness and workspaces

Connor and Espoir Michalek carved out a wellness space in North Austin, providing fitness, recovery and coworking resources under one roof. At Gevity, members can expect to find offerings rooted in community, Espoir Michalek said.

“I don't believe that we're meant to be sitting behind a desk for six to eight hours every day,” Espoir Michalek said. “We're humans—we're meant to create, to move, to be with other humans.”

The backstory: After being laid off from his job in 2022, Connor Michalek traveled the world—seeing 27 countries in 11 months. Two months into traveling, he met Espoir in the south of Spain. Espoir Michalek was raised around fitness and wellness, as her parents owned one of the oldest gyms in Vienna. 

What they offer: The entrepreneurs quickly began collaborating to shape Gevity, Austin’s membership-based hub for comprehensive wellness and performance. Gevity’s house membership, totaling $360 per month, has three pillars: wellness, workspace, and connection and experience.

  • 104 E. Highland Mall Blvd., Ste. 125, Austin

 

FOODIE FRIDAY
Check out these new restaurants and bars opening across the Austin area.

PrimeBite brings Mexican-inspired smash burgers to Bastrop

Husband-and-wife duo Daniel and Adelita Sanchez are now serving Mexican-inspired smash burgers and other comfort food at Bastrop’s Chestnut Grove Food Truck Court. Daniel Sanchez described the menu as American with a Mexican twist—inspired by a fusion of the couple's Mexican roots with an American classic: the hamburger. According to the owners, the most popular order is the La Norteña—a beef burger with avocado, bacon, caramelized onions, cheese, grilled ham and a housemade chipotle sauce.


Read now.

 

🍲 Chinese restaurant Tao opens in North Austin
(Read more)

☕️ New San Marcos coffee shop offers handcrafted drinks and pastries
(Read more)

🥟 Ugly Dumpling brings dumplings and dim sum to The Arboretum
(Read more)

🥪 ‘Start your day right’: Jack’s Modern Artisan Deli debuts in Leander
(Read more)

😋 The Pulao Company now serving South Indian fare in Leander, Cedar Park
(Read more)

🍽️ Grey Orchard Modern American restaurant now serving specialty cocktails, menu from Michelin-starred chef
(Read more)

 

House of Chettinad brings authentic South Indian flavors to Leander

On the southern edge of Leander, a restaurant is serving up authentic flavors from Chettinad, a region of South India with a rich history of spice trading.

House of Chettinad offers a restaurant and bar managed by executive chef and founder Mahendran Gunasekaran, whose professional career spans decades and continents.

Gunasekaran said Chettinad’s flavors are set apart by the “bold” mixture of spices, owing to the influence of the spice trade on the region.


Read now.

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Elle Bent
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Krista Box
General Manager

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