Austin's Budget Proposal Fails its Residents

Austin’s proposed $5.9 billion budget is fiscal excess, with an 8.2% increase in city taxes, utility bills, and fees. This comes at a time when inflation and cost of living are already climbing, and residents are feeling the squeeze.

"The burdens of high inflation fall heaviest on those who are least able to bear them" - Fed Chairman Jerome Powell

Over the past three years, overall inflation has reached 19%, yet the city has raised taxes and bills by 18.6%. The proposed budget includes a further 5.7% property tax hike and higher energy costs. Childcare costs have jumped by 32% and grocery prices by 25%. Rents have escalated by more than 50% since 2019. The budget hits renters hard, as they don't benefit from homestead exemptions and face skyrocketing rental costs.

The budget proposal fails to address the affordability crisis, instead adding to the financial strain on residents, particularly low-income families. It's time for officials to take decisive action and reduce costs. With potential cost savings of over $40 million identified, a budget with no tax and bill increases is possible and necessary to ensure Austin remains livable for all.

Kelly represents District 6, Austin City Council