Government
BY GRACE DICKENS
What to know about local tax rates for fiscal year 2024-25 Many taxing entities in the Lake Travis-Westlake area have proposed higher tax rates for the upcoming year, which could result in higher tax bills depending on a homeowner’s place of residence. The following information outlines the increase in taxes for a home with a taxable value of $600,000 or $1 million between fiscal year 2023-2024 and FY 2024-25. For more information on locating your municipal utility district and emergency service district rates, visit the original web story posted for this article available through this QR code:
Travis County The county raised both its own tax rate and the rate for Central Health, the county’s hospital district. Part of the tax rate increase for the county rate will go toward affordable child care measures passed as part of Proposition A in November.
Cost change for $600K taxable value
Cost change for $1M taxable value
2023 rate
2024 rate
% change
Travis County
$0.304655
$0.344445
+13.06%
+$238.74
+$397.90
Travis Central Health
$0.100692
$0.107969
+7.23%
+$43.66
+$72.77
Cities Lakeway and Rollingwood both raised tax rates for FY 2024-25. The increase in Lakeway was largely attributed to the $22 million parks bond passed by voters in May, according to city information.
Cost change for $600K taxable value
Cost change for $1M taxable value
2023 rate
2024 rate
% change
Bee Cave
$0.020000
$0.020000
0%
$0
$0
Lakeway
$0.144000
$0.159800
+10.97%
+$94.80
+$158.00
Rollingwood
$0.191700
$0.205800
+7.36%
+$84.60
+$141.00
West Lake Hills
$0.178600
$0.178600
0%
$0
$0
School districts School districts across the area decreased tax rates in line with statewide compression requirements mandating a district to further compress its tax rate if property values within its boundaries rise above 2.5% annually.
Cost change for $600K taxable value
Cost change for $1M taxable value
2023 rate
2024 rate
% change
Eanes ISD
$0.888000
$0.885500
-0.28%
-$15.00
-$25.00
Lake Travis ISD
$1.074100
$1.065600
-0.79%
-$51.00
-$85.00
Leander ISD
$1.108700
$1.086900
-1.97%
-$130.80
-$218.00
Emergency service districts Emergency service districts provide fire and emergency medical services for residents. Some ESDs increased tax rates for the upcoming year, including ESD No. 3 in the Westlake area and ESD No. 6, or Lake Travis Fire Rescue.
Cost change for $600K taxable value
Cost change for $1M taxable value
2023 rate
2024 rate
% change
ESD No. 3
$0.040000
$0.053000
+32.50%
+$78.00
+$130.00
ESD No. 6
$0.083100
$0.087600
+5.42%
+$27.00
+$45.00
ESD No. 8
$0.081000
$0.083000
+2.47%
+$12.00
+$20.00
SOURCE: TRAVIS COUNTY/COMMUNITY IMPACT
ESD No. 9
$0.073500
$0.071000
-3.40%
-$15.00
-$25.00
ESD No. 10
$0.100000
$0.100000
0%
$0
$0
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LAKE TRAVIS - WESTLAKE EDITION
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