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.

FY 2022 Budget, Property Tax Rate

Fiscal Year 2022 begins Oct. 1, 2021. The Round Rock City Council approved Thursday, Sept. 9, 2021, a $525.4 million budget for Fiscal Year 2022 focused on infrastructure spending and new programs designed to meet the demands of a growing community. The budget includes a record amount for road construction and a new mental health response team to deal with increasing challenges faced by public safety officers.

Helpful Documents

Download Budget in Brief
Download Property Tax Fact Sheet
Download Budget Highlights

FY 2022 Adopted Budget Breakdown

Total Budget for FY 2022$525.4 million
General Fund$133.3 million
Total Capital Investment Program$250.4 million
All Other*$128.1 million

*Includes Water and Wastewater Utility, Hotel Occupancy Tax, Stormwater, Type B (transportation and economic development sales tax), and other special revenue funds.

FY 2022 Adopted Tax Rate

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 provides 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.

Timeline for adopted FY 2022 budget

Each spring, the City begins the annual budget process to determine the needs of the City. Budget discussions provide a starting point for the City Council’s priorities for specific programs and projects to be funded for the upcoming fiscal year. The following dates are the timeline for discussion and action for the FY 2022 budget, which is Oct. 1, 2021 through Sept. 30, 2022:

JULY 22 — City Council holds annual budget workshop. View the FY 2022 Budget Workshop Presentation and the FY 2022 Proposed Budget Workshop Book

JULY 22 — Vote to approve Fiscal 2021 operating budget for the Round Rock Transportation and Economic Development Corporation (Type B)

JULY 25 — Williamson Central Appraisal District and Travis Central Appraisal District certify tax rolls

AUG 10 — City Council holds packet briefing and budget work session on the proposed budget and tax rate

AUG 12 — Regular City Council meeting

    • Council vote to publish and propose maximum tax rate, set public hearings

AUG 24 — City Council packet briefing and work session on the proposed budget and tax rate

AUG 26 — Regular City Council meeting

    • Budget and tax rate public hearings 
    • First reading of tax rate and budget ordinances
    • Authorized Purchases List

SEP 7 — City Council packet briefing and work session on the proposed budget and tax rate

SEP 9 — Regular City Council meeting

    • Final adoption of tax rate and budget ordinances
    • Ratify 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:

#1. Financially Sound City Providing High-Value Services​
#2. City Infrastructure: Today and for Tomorrow​
#3. “The Sports Capital of Texas” for Tourism and Residents​
#4. Great Community to Live​
#5. Authentic Downtown — Exciting Community Destination​
#6. Sustainable Neighborhoods — Old and New​
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