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Lakeway proposes increased tax rate, potential budget reductions

Lakeway City Council proposed adopting a $0.1760 tax rate for fiscal year 2026-2027 at an Aug. 17 meeting, with Louis Mastrangelo and Kelly Brynteson opposing the maximum rate.

This amount reflects the de minimis rate previously recommended by city staff.

The background: Lakeway City Council discussed adopting the de minimis rate to contribute to eliminating the projected $1.6 million shortfall for fiscal year 2026-2027.

The de minimis rate is a special tax rate designed to give cities with a population of less than 30,000 flexibility. it allow eligible cities to adopt a tax rate that generates $500,000 more in property tax revenue than the previous year without triggering the voter-approval rate, according to the Texas Comptroller.

The voter approval rate would have been $0.1733.

The de minimis rate is expected to increase property taxes by approximately $77 per year, or $6.42 per month, on the average home value in Lakeway, which is projected to be $857,615 next fiscal year, City Manager Joseph Molis said.

 
Election News
Rollingwood mayor, council members to run uncontested in November

Rollingwood Mayor Gavin Massingill and City Council members Kevin Glasheen and Sara Hutson filed for reelection in Rollingwood’s November general election.

The incumbents are the only candidates to file by the Aug. 17 deadline.

The background: Massingill has been part of Rollingwood’s City Council since 2016. He began as a council member and was appointed as mayor in 2021. Massingill has also worked at the Texas Capitol as a lobbyist and legislative consultant.

Glasheen was elected to the Rollingwood City Council in 2022, and has served almost two terms. Outside of being a council member, he is a personal injury lawyer and real estate investor.

Hutson has been a member of Rollingwood’s City Council since 2020. She formerly worked as an engineer and has lived in Rollingwood for over 30 years, according to her general election application.

 

From Capitol to classroom: How state policy decisions and budget strains shape Austin-area public schools

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CI Texas
As Texas students return to class, here are 5 things to know about public education

Many Texas students began returning to the classroom for the 2026-27 school year in mid-August.

Here are five things Texans should know as the 2026-27 school year kicks off.

The details:

  • 2026 school accountability ratings issued
  • New rule impacts accountability-related school closures
  • 100K students using new Texas Education Freedom Accounts
  • Public school closures deepen across Texas
  • Check out recent public education laws

 

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