SAN ANTONIO – San Antonio is considering a property tax increase as part of its proposed $4.4 billion budget for fiscal year 2027. The city is facing a projected General Fund shortfall of nearly $158 million through 2028 and has proposed nearly $90 million in spending cuts to help close the gap.
Under the proposal, the city’s property tax rate would increase from 54.159 cents to 56.288 cents per $100 of taxable value. For the average homeowner, city officials estimate that would mean paying about $35 more per year compared with last year’s tax bill.
City Manager Erik Walsh has said avoiding the tax increase would require finding roughly another $29 million in cuts this year. Those cuts could potentially affect services funded through the General Fund, which includes police, fire, parks, Animal Care Services, health programs and street maintenance.