The City of Round Rock is regularly recognized for its outstanding work, including fiscal stewardship. The City’s annual budget makes it all possible by drawing from our City Council‘s strategic planning and our strong track record of fiscal responsibility.
About the Proposed FY 2027 Budget
The FY 2027 budget will fund the City’s services, projects and operations for the timeframe of Oct. 1, 2026 through Sept. 30, 2027. The FY 2027 proposed budget of $684.1 million is supported by a proposed tax rate of $0.423 per $100 of valuation, focused on infrastructure, public safety and quality of life amenities designed to meet the demands of a growing community.
| Total Proposed Budget for FY 2027 (Oct. 2026-Sept. 2027) | $684.1 million |
| General Fund | $192.5 million |
| Total Community Investment Program (CIP) | $297.9 million |
| All Other* | $193.7 million |
*Includes Water and Wastewater Utility, Hotel Occupancy Tax, Stormwater, Type B (transportation and economic development sales tax) and other special revenue funds.
FY 2027 Proposed Tax Rate
On Aug. 13, 2026, City Council adopted a maximum tax rate of 42.3 cents per $100 of valuation for Fiscal Year 2027. At this proposed rate, the owner of a median taxable value home of $370,288 on average would pay $131 per month in City taxes.
The Fiscal Year 2027 proposed tax rate is higher than the “no new revenue” rate of 38.5 cents, which would raise the same amount of revenue as last year on existing property based on this year’s property valuations. The additional 3.8 cents is needed to fund new police officers to maintain additional public safety staff and fund the operations and pay debt service on voter approved general obligation bonds.
More information about local entities’ property tax rates, including how much you would owe each taxing entity under their proposed tax rates, can be found at williamsonpropertytaxes.org for Williamson County residents and travistaxes.com for Travis County residents.
Timeline for Proposed FY 2027 Budget, Tax Rate
The following timeline includes the discussion and action that will take place for the upcoming FY 2027 budget, which will fund city services, programs and projects for the fiscal year from Oct. 1, 2026 through Sept. 30, 2027:
- JULY 21, 2026 — City Council packet briefing and budget work session
- JULY 23, 2026 — City Council holds annual budget workshop, vote to approve FY 2026/2027 operating budget for the Round Rock Transportation and Economic Development Corporation (Type B)
- JULY 25, 2026 — Williamson Central Appraisal District and Travis Central Appraisal District certify tax rolls
- AUG. 11, 2026 — City Council holds packet briefing and budget work session on the proposed budget and tax rate
- AUG. 13, 2026 — Council holds vote to publish and propose maximum tax rate, set public hearing dates
- AUG. 25, 2026 — City Council packet briefing and work session on financial policies, the proposed budget and tax rate
- AUG. 27, 2026 — City Council holds first reading and public hearing on tax rate and budget ordinances, vote on authorized purchases list
- SEPT. 8, 2026 — City Council packet briefing and work session on the proposed budget and tax rate
- SEPT. 10, 2026 — City Council holds vote on final adoption of tax rate and budget ordinances, as well as ratifying the property tax rate
About the FY 2026 (Current Year) Budget
The FY 2025-2026 budget funds the City’s services, projects and operations for the timeframe of Oct. 1, 2025 through Sept. 30, 2026. This year’s budget of $789.7 million is supported by a proposed tax rate of $0.372 per $100 of valuation, focused on infrastructure, public safety and quality of life amenities designed to meet the demands of a growing community.
| Total Approved Budget for FY 2026 (Oct. 2025-Sept. 2026) | $789.7 million |
| General Fund | $188.7 million |
| Total Community Investment Program (CIP) | $418.7 million |
| All Other* | $182.3 million |
*Includes Water and Wastewater Utility, Hotel Occupancy Tax, Stormwater, Type B (transportation and economic development sales tax) and other special revenue funds.
FY 2026 Property Tax Rate
On Sept. 11, 2025, City Council adopted a property tax rate of 37.2 cents per $100 of valuation for Fiscal Year 2026. At this rate, the owner of a median taxable value home of $395,240 will, on average, pay $123 per month in City taxes, an increase of $7.88 per month over the no new revenue rate.
The tax rate represents a 2.4 cent, or 6.9%, increase above the no new revenue rate of 34.8 cents per $100 valuation. The increase supports the addition of 17 new public safety positions and provides funding for voter-approved bond projects.
Strategic Plan Goals
The City’s Strategic Plan, updated annually by the City Council at its annual retreat in February, is implemented through the budget process and shapes the City’s priorities. Explore the six strategic goals below by hovering over the icons:
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The Fiscal Year 2026 budget funds the City’s services, projects and operations for the timeframe of Oct. 1, 2025 through Sept. 30, 2026. The adopted budget for this year was $789.7 million, supported by a tax rate of $0.372 per $100 of valuation.
| Total Adopted Budget for FY 2026 (Oct. 2025-Sept. 2026) | $789.7 million |
| General Fund | $188.7 million |
| Total Community Investment Program (CIP) | $418.7 million |
| All Other* | $182.3 million |
*Includes Water and Wastewater Utility, Hotel Occupancy Tax, Stormwater, Type B (transportation and economic development sales tax), and other special revenue funds.
Check out our series of blog posts about key aspects of the FY 2022 budget and tax rate. We’ll be updating this soon with more blogs about the FY 2023 budget process and proposed tax rate:
Fiscal Year 2023 takes place Oct. 1, 2022 through Sept. 30, 2023. The Round Rock City Council approved Thursday, Sept. 8, 2022, a $555.5 million budget and tax rate of $0.342 per $100 of valuation for Fiscal Year 2023. The Fiscal Year 2023 budget focused on infrastructure spending and new programs designed to meet the demands of a growing community. The budget included a record amount for road construction and additional public safety staff to deal with increasing challenges faced by residents.
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The property tax rate for the Fiscal Year starting Oct. 1, 2021, is $0.397 per $100 of valuation, 4.2 cents less than the FY 2021 City property tax rate of $0.439. However, the rate is an increase of 1.0 cent, or 2.5% above the No New Revenue rate of $0.387441, which is the rate that generates the same amount of revenue as the previous year based on the growth in property values from the previous year.
The increased tax rate provided additional funding to pay for the City’s road expansion program, Driving Progress.
The owner of a median taxable value home will see a property tax increase of approximately $2 per month. To calculate the impact to your tax bill, visit the truth-in-taxation site for your county below. These sites will calculate your tax rates for all taxing entities, and the City’s tax rate will be labeled “City of Round Rock.” All other taxing units pass their own tax rates.
