Posting Language
Title
Approve an ordinance setting the assessment rate and approving a proposed 2027 assessment roll for the South Congress Preservation and Improvement District within the City of Austin. Funding: This item has no fiscal impact.
De
Lead Department
Economic Development
Fiscal Note
This item has no fiscal impact on the City but is projected to result in annual revenue of $281,330 in the Austin Economic Development’s Special Revenue Budget the South Congress Public Improvement District Fund.
Prior Council Action:
October 15, 2014 - Council approved Resolution No. 2014016-062 authorizing the creation of the South Congress Preservation and Improvement District.
March 21, 2024 - Council approved Resolution No. 20240321-045 reauthorizing the Preservation and Improvement District.
June 5, 2025 - City Council approved Ordinance No. 20250605-024 setting the assessment rate and approving the proposed 2026 assessment roll for the Preservation and Improvement District.
July 24, 2025 - City Council approved Resolution No. 20250724-140 adopting the Preservation and Improvement District Service and Assessment Plan and Budget update for 2026.
For More Information:
Dr. Eric Johnson, Interim Director, Austin Economic Development, 512-974-3187
Donald Jackson, Austin Economic Development, 512-974-2214.
Additional Backup Information:
This action will approve the proposed Preservation and Improvement District (PID) assessment rate and roll for 2027. State law requires Council approval of a proposed roll and assessment rate. Approval of the proposed assessment roll is necessary so that notices may be sent to the property owners, giving them an opportunity to review the property valuations prior to the public hearing, which Council will hold on July 23, 2026. All previously approved exemptions and exclusions from assessments are retained in this year's roll. Council requested that this assessment process be timed so that it coincides with the receipt of other real property tax bills.
State law requires a public hearing by Council to consider the assessments. Each property owner has a right to appear and speak at the hearing. Exhibit A includes the assessment value for each property. The PID is comprised of 44 properties lining South Congress Avenue from Nellie Street to Annie Street.
The 2027 assessment rate of $0.20/$100 valuation is estimated to produce $281,330 at an 85% collection rate.