Posting Language
Title
Conduct a public hearing and consider an ordinance setting the assessment rate and approving the 2027 assessment roll for the South Congress Preservation and Improvement District and declaring an emergency and consider an ordinance approving the South Congress Preservation and Improvement District Service and Assessment Plan and Budget update for 2027 and declaring an emergency. Funding: The 2027 assessment rate of $0.20/$100 valuation is estimated to produce $ 281,330 at an 85% collection rate.
De
Lead Department
Austin Financial Services.
Fiscal Note
The 2027 assessment rate of $0.020/$100 valuation is estimated to produce $281,330 at an 85% collection rate.
Prior Council Action:
May 21, 2026 (Item #15): Council approved an ordinance setting the calendar year 2027 rate of assessment for the South Congress Preservation and Improvement District within the City of Austin and approving the calendar year 2027 assessment roll for the District in order for staff to send notices to affected property owners for the public hearing.
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:
On May 21, 2026, Council approved the proposed 2027 assessment rate for the South Congress Preservation and Improvement District (PID) at a valuation rate of $0.20 per $100. Council also approved the proposed 2027 assessment roll, which lists property owners subject to the assessment. The assessments paid by the property owners fund PID services.
State law requires Council to conduct a public hearing to consider the proposed assessment. Approval of the assessment rate and property roll on May 21, 2026, triggered notices to be sent to property owners within the PID to give them the opportunity to review the property valuations prior to the public hearing. Property owners have a statutory right to challenge the assessment pl...
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