Budget & Tax Rate

Adopted Budget & Tax Rate for Fiscal Year 2024

On Sept. 8, 2023, the City of Leander adopted a tax rate of $0.417282 per $100 valuation, which exceeds the No-New-Revenue Maintenance and Operations Tax Rate. This tax rate will raise more taxes for maintenance and operations than last year's tax rate. The maintenance and operations tax rate will effectively be raised by 1.53% and will raise taxes for maintenance and operations on a $100,000 home by approximately $3.95.

The adopted tax rate for fiscal year 2024 is a decrease of 1.5043 cents from the prior year.

On Sept. 7, 2023, the City of Leander also adopted the fiscal year 2024 annual budget (PDF), beginning Oct. 1, 2023, that will raise more total property taxes than last year's budget by $1,582,000 (3.2%) and, of that amount, $3,948,113 (249.6%) is tax revenue to be raised from new property added to the tax roll this year.

Budget Breakdown

Annual BudgetFiscal Year 2022Fiscal Year 2023Fiscal Year 2024Change in DollarsChange in %
General Fund59,969,72768,528,91767,528,065(1,000,852)-1.5%
Golf Fund1,946,3321,792,8802,303,646510,76628.5%
Utility Fund40,204,44051,266,44849,838,057(1,428,391)-2.8%
General Capital Projects Funds43,681,65953,625,46251,806,720(1,818,742)-3.4%
Utility Capital Projects Funds42,247,408107,036,93295,401,520(11,635,412)-10.9%
Special Revenue Funds9,419,10325,260,87927,458,7722,197,8938.7%
Internal Service Funds2,116,7002,264,7892,090,700(174,089)-7.7%
General Debt Service Fund13,426,25019,343,23620,603,2501,260,0146.5%
Total All Funds213,011,619329,119,543317,030,730(12,088,813)-3.7%

Tax Breakdown

Tax Rate (Per $100 Valuation)Fiscal Year 2022Fiscal Year 2023Fiscal year 2024Change in %
Maintenance and Operations Tax Rate0.3021340.2723250.262857-3.5%
Maintenance and Operations Tax Revenue (budget)24,350,00029,960,00032,142,0007.3%
Debt Service Tax Rate0.1775650.1600000.154425-3.5%
Debt Service Tax Revenue (budget)15,050,00019,800,00019,200,000-3.0%

Budget Notices

The following are public notifications regarding tax rate calculations and considerations for the City of Leander. Fiscal years begin Oct. 1 and end Sept. 30.

Required Information

Section 26.18 of the Texas Tax Code requires each taxing unit to post its website the certain information listed below.

  • City Council - Name and contact of each member of the taxing unit’s governing body.
  • City Contact - Mailing address, email address, and telephone number of the taxing unit.
  • Current Budget - The taxing unit’s proposed or adopted budget for the current year.
  • Previous Budgets - The taxing unit’s adopted budgets for the preceding two years.
  • Financial Audit - The most recent financial audit of the taxing unit.