The Central Health Board of Managers approved a Fiscal Year 2020 property tax rate Wednesday of 6.9{211d4eaff5f6ab776b9f468c919065fc3aae4df093916ddbc4a838f2fb9137eb}, which will generate $214.9 million in property taxes to pay for health care services for Travis County residents with low income.
For a Travis County home with an average taxable homestead value of $347,655, the annual increase would be $23.07, or about $2 a month, the board of managers said.
“It’s a balancing act,” said Dr. Guadalupe Zamora, board chair of the Central Health District. “The demand for health care services increases every year, but so does the cost of living for Travis County taxpayers. Our board was determined to adopt a tax rate that would be fair and effective.”
The tax rate will be used to support Central Health’s newly adopted $290.8 million budget, of which $278.1 million pays for health care delivery – a 12.4{211d4eaff5f6ab776b9f468c919065fc3aae4df093916ddbc4a838f2fb9137eb} increase compared to FY19. Nearly 96{211d4eaff5f6ab776b9f468c919065fc3aae4df093916ddbc4a838f2fb9137eb} of Central Health’s budget will fund health care delivery for low income Travis County residents, while 4{211d4eaff5f6ab776b9f468c919065fc3aae4df093916ddbc4a838f2fb9137eb} goes towards administrative costs.
There are five taxing entities in Travis County, including:
- Travis County
- City of Austin
- Austin Independent School District
- Austin Community College
- Central Health District
Central Health typically levies the smallest portion of property taxes paid each year.
