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Finances & Funding
When Central Health was created in 2004, Travis County and the City of Austin transferred most of their respective tax bases dedicated to healthcare. After this transfer, Central Health assumed responsibility for levying taxes to finance health care services for eligible Travis County residents. State law currently provides that this levy may not exceed .25 cents on each $100 of the taxable value of property taxable by Central Health.
Central Health's Tax Rates are as follows:
2011-2012 - 7.89 cents per $100 valuation
2010-2011 - 7.19 cents per $100 valuation
2009-2010 - 6.74 cents per $100 valuation
2008-2009 - 6.79 cents per $100 valuation
2007-2008 - 6.93 cents per $100 valuation
2006-2007 - 7.34 cents per $100 valuation
2005-2006 - 7.79 cents per $100 valuation
2004-2005 - 7.79 cents per $100 valuation
Fiscal Year 2010 Revenues & Expenditures
Both the Central Health Board of Managers and the Travis County Commissioners Court must approve the budget and tax rate for Central Health each year. Before the approval of the budget and tax rate, Central Health is required to hold two hearings to receive comments from the public.
Central Health does not provide any direct services. Therefore, the majority of its budget is dedicated to contracting with other entities to deliver and manage direct healthcare services, including those provided through University Medical Center Brackenridge, Austin Women's Hospital, Seton Shoal Creek Hospital, and CommUnityCare's 16 Federally Qualified Health Centers.
The fiscal year (12-month accounting period) for Central Health begins October 1 and ends September 30.
