The Williamson (or Travis) Central Appraisal District -- an independent entity -- appraises the value of your home. The City Council adopts the property tax rate for the City's annual budget on an annual basis. Fiscal year 2019 marked the sixth consecutive tax rate decrease in Cedar Park, the lowest tax rate in 16 years. Plus, our City Council adopted a homestead exemption, which deducts $5,000 from your home's appraised value if it is your primary residence. The City's portion accounts for less than one fifth of your property taxes you will pay based on your home's appraisal.
Calculating the City's Portion Example
The calculation below shows what a home with an appraised value of $321,300 (less the homestead exemption of $5,000 for a taxable value of $316,300) would pay to the City, under the City's current tax rate of 0.00449 (44.9 cents) per $100 of valuation:
|Appraised Home Value||City homestead exemption||Taxable value to City||City's FY 2019 Tax Rate||Portion paid to the City|
Property Tax Breakdown
Your tax appraisal includes multiple taxing entities such as your school district and county. The City's portion accounts for less than one fifth of your total tax bill each year. The following graphs show how property taxes are divided by multiple taxing entities.
Your Tax Dollars by City Service
Of the portion that you pay to the City, more than half is spent on Public Safety such as Police and Fire. Other portions include City services and day-to-day operations. The chart below illustrates the breakdown of your tax dollars based on City service/function.
FY 2019 Budget Highlights
For more information on the City of Cedar Park Fiscal Year 2019 budget, visit MyCedarParkBudget.com!