Budget Office

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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 FY 2027 Budget

The FY 2027 budget funds the City’s services, projects and operations for the timeframe of Oct. 1, 2026 through Sept. 30, 2027. The FY 2027 budget of $684.1 million is supported by a 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 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 Tax Rate

On Sept. 10, 2026, Round Rock City Council adopted a property tax rate of 42.3 cents per $100 of valuation for Fiscal Year 2027. At this rate, the owner of a home with the median taxable value of $370,288 pays approximately $131 per month in City property taxes.

The adopted Fiscal Year 2027 tax rate was higher than the “no new revenue” rate of 38.5 cents, which raises the same amount of revenue as the previous year on existing property based on this year’s property valuations. The additional 3.8 cents funds new police officers to maintain additional public safety staff and funds the operations and pay debt service on voter approved general obligation bonds.

More information about local entities’ property tax rates can be found at williamsonpropertytaxes.org for Williamson County residents and travistaxes.com for Travis County residents.

Timeline for FY 2027 Budget, Tax Rate

The following timeline shows the discussion and action that took place for the FY 2027 budget, which funds 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

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:

White dollar sign inside a circular arrow, with a dart hitting the top, on a green background. Icon represents financial goals, investment, or hitting monetary targets.
#1. Financially Sound City Providing High-Value Services​
Three simple white stick figures, two larger and one smaller, are depicted on a solid pink background. The two larger figures stand on either side of the smaller one, suggesting the idea of a group or family.
#2. Great Community to Live​
A white line drawing of a water tap with a droplet, crossed out by a diagonal line, on a blue background, indicating no water or water is not available.
#3. City Infrastructure: Today and for Tomorrow​
A white silhouette of a water tower inside a scalloped circular border on a yellow background.
#4. Authentic Downtown — Exciting Community Destination​
White icons of four houses and a curved road on a teal background, representing a neighborhood or community layout.
#5. Desirable Neighborhoods — Old and New​
White text GO above a stylized star and the letters RR on a blue background, forming the phrase GO RR..
#6. “The Sports Capital of Texas” for Tourism and Residents​

Related Articles

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. 

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.

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