Housing affordability is an issue top of mind for 9 out of 10 Texans (Adams et al., 2024). Median priced, newly constructed homes are out of reach for 74% of Texas families (Zhao, 2024, p. 8). Local regulations, like restrictions on minimum lot size, account for 20.4% of Texas home prices (King, 2018, para. 8). Senate Bill (SB) 15 seeks to mitigate the soaring cost of housing by prohibiting municipalities from preventing the development of small lots on which starter homes can be built. Eliminating this aspect of municipal government interference promises to help increase the supply of housing and permit market forces to better cater to prospective homebuyers.
Taxes & Spending
Assessing Tax Trends in the City of Austin
Does history suggest that property taxes are too high in the city of Austin? And, if so, have local decision-makers actively helped or hurt the situation? To help answer these questions, let’s review the city’s 2024 Annual Comprehensive Financial Report (ACFR) and gather four types of data—i.e., tax levies, local population, total tax rates, and taxable values—over a 10-year time horizon. Using these audited estimates, we can gauge the growth of government (i.e., tax levy trends), assess its reasonability...
February 19, 2026