APS approves property tax levy

(ABC 6 News) — In Austin, property taxes are about to rise after the school board voted to approve a tax levy for 2025.

That levy will increase your bill by 6.73%. Supt. Joey Page said several factors led to the tax increase:

increased enrollment, meaning higher operating costs; insurance costs for retirees, and reduced state aid.

Paige said increased property values in the district led to reduced state aid, which “shifts the funding responsibility to local taxpayers.”

When all is said and done, the increase is expected to net the district an additional $720,591.

The APS budget totals about $100 million.