Lake Travis - Westlake

Stay informed about the latest local news in Lake Travis and Westlake, including LTISD and EISD coverage, the real estate market, and news from Austin City Hall.

11:45 AM Feb 14, 2017 CST

Lake Travis experts: real estate, revenue remain strong

Both residential and commercial growth is abundant in western Travis County, local leaders reported during the annual Economic Forecast Luncheon hosted by Lake Travis Chamber of Commerce on Jan. 18.


3 takeaways from the Austin chamber’s new coalition on affordability

The same week that Austin was named the best place to live in the U.S. a coalition of more than 100 organizations announced an action plan designed to make the city more affordable.


Austin Community College opens new bioscience incubator inside Highland campus

Four stores inside the former Highland Mall have been outfitted with state-of-the-art advanced laboratory equipment to create a bioscience incubator, and Austin Community College biotechnology student and intern Marcia McCallum couldn't be happier.



Austin City Council: What to look for on Thursday's agenda

The second edition of the 11-member Austin City Council holds its first regular official meeting of the year Thursday. The meeting will be the first for District 6 Council Member Jimmy Flannigan and District 10 Council Member Alison Alter.


Austin area records state's lowest unemployment rate as Texas adds 210,200 jobs in 2016

Statewide job growth continued an upward trend through the end of 2016, with year-over-year data showing an estimated 210,200 seasonally adjusted jobs gained since December 2015, according to a Texas Workforce Commission report released today.


Lakeway applies new STR regulations to World of Tennis Condominiums

Lakeway City Council approved an amendment to its 2016 short-term rental regulation Jan. 17 to apply the permitting ordinance to any condominium within city borders, including the Lakeway World of Tennis Condominiums. However, the amendment approved provides that the condominiums will not count toward the limit of 25 total short-term rental permits issued by the city nor its requirement that STRs be located at least 1,000 feet from each other inside Lakeway's boundaries.


The Backyard revisions may prove Bee Cave as a technology leader

Following two years of planning and architecture changes, Bee Cave City Council agrees The Backyard developer Christopher Milam may have gotten the local project correct this time.



Railroad Commissioner Ryan Sitton Q&A

The Railroad Commission of Texas oversees the lifeblood of the state economy—the energy industry. The agency regulates the oil, gas and mining industries, and a three-member commission serves at the head. Each commissioner is elected in a statewide race and serves a full-time, six-year term.


Healthcare, energy professions among top 20 list of fastest growing jobs in Texas

Wind turbine service technicians earned the top spot on a list of fastest growing jobs in Texas, according to a new report by career website Zippia .


4 things to know about the Texas economy from the state comptroller’s office

Population and job numbers in Texas have continued increasing in the past year, according to Texas State Comptroller Glenn Hegar, who spoke Thursday at an Oak Hill Business and Professional Association meeting in Southwest Austin.


State committee proposes 4 ways to solve Texas-sized pension problem

In 2014, $196 million in the Dallas’ police and firefighter’s retirement fund was lost due to risky investments. Houston is up against a shortfall of roughly $10 billion for its own pensions. Austin ranks in the top 15 United States cities with the largest pension liabilities, according to a report from Moody’s.



It’s a new year with new tax laws. Need help?

Did you know AARP, formerly the American Association of Retired Persons, provides free tax assistance, especially to low- and moderate-income taxpayers as well as those 50 years and older?


Obscure bills that could become law if approved by Texas lawmakers in 2017

When reading a list of proposed bills for the 2017 legislative session, it is easy to have your eyes and brain glaze over with mentions of ad valorem taxes and homestead exemptions.


These proposed Texas laws could impact education and other areas of interest this legislative session

State lawmakers convene Jan. 10 in Austin for a biennial marathon during which only a two-year budget is certain to pass. Any other bill approved during the five-month legislative session is a bonus, but four issues tend to garner the most attention from both elected officials and Texas residents.


Austin‘s plastic bag ban could be in jeopardy

Texas Attorney General Ken Paxton is requesting that the state's highest court review the legality of plastic bag bans throughout the state, which could put an end to Austin's three-year-old prohibition on single-use bags.



Austin area sees unemployment drop as Texas adds 20,900 jobs

Job growth is on the rise in Texas, according to the most recent Texas Workforce Commission report. Across the state, an estimated 210,800 seasonally adjusted jobs have been added over the past year, with an addition of 20,900 non-farm jobs added in November.


7 shifts in Texas' demographics including wealth, population and education growth

Growth seems to be the key word for Texas, according to the newly released 2015 census data, published Thursday, Dec. 8.


Deep Eddy Vodka expansion to Buda made official

Deep Eddy Vodka will open a new distillery in the city of Buda after the company closed on the purchase of a 194,000-square-foot building at 150 Precision Drive, Buda, on Tuesday.


Department of Labor appeals overtime rule injunction

On Dec. 1 the U.S. Department of Justice appealed a preliminary injunction granted by U.S. District Court Judge Amos Mazzant against the U.S. Department of Labor overtime rule.



Economist Joseph Quinlan forecasts how Donald Trump's policies could affect Austin in 2017

2017 will be a good year economically, but some of President-elect Donald Trump's policies could hurt U.S. on a global stage as well as on a smaller scale for globalized, cosmopolitan cities such as Austin, economist Joseph Quinlan said today at the Greater Austin Chamber of Commerce's Economic Outlook event.


Austin area sees unemployment drop as Texas adds 13,700 jobs

Texas’s economy added an estimated 13,700 nonfarm jobs in October, indicating a less than 1 percent increase from September, according to the latest Texas Workforce Commission report. Nonfarm jobs increased by 207,500 statewide, or 1.7 percent year-on-year, since October 2015.


Oaks at Lakeway sale called off

According to a Nov. 25 filing with the Securities and Exchange commission , TA Realty, LLC,


Texas judge blocks new overtime law; what it could mean for local businesses

The Sherman Division of the U.S. District Court Eastern District of Texas granted a preliminary injunction against the new federal rule that would update the overtime threshold across the country, extending overtime protection to more than 4 million salaried workers nationwide. As a result, the rule will not take effect Dec. 1— as anticipated —anywhere in the nation. Here's what local employers and employees need to know about the ruling: