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.
Throughout the COVID-19 pandemic, Lakeway Mayor Sandy Cox has been updating the community on a weekly basis through Facebook live broadcasts. Cox’s May 21 update came on the heels of a number of business openings as Texas enters Phase 2 of Gov. Greg Abbott’s reopening plan.
The local unemployment rate remains below the statewide and national rates.
Texas state agencies and institutions of higher education to expect a 5% reduction in budget plans for the 2020-21 biennium as part of the state's response to the economic ramifications of the ongoing coronavirus pandemic.
“Small businesses are having to pivot, and we are seeing that. We are having businesses that had one business model that had to change," said Adriana Cruz, executive director for economic development and tourism in the Office of the Texas Governor.
Officials anticipate drawing from federal funds to ensure no delays in benefit payments.
Plano-based J.C. Penney filed for bankruptcy protection May 15, a move the company said would help it navigate the difficult business climate during the ongoing coronavirus pandemic.
Nationwide sales of retail, food services plummet in March, April amid social distancing, stay-at-home orders
As many businesses are operating on decreased capacities or have shut down completely, one side effect is a dip in monthly sales for retail and food services.
Unemployment numbers hit a record high in April, the highest level recorded since 1948, when these reports were first issued.
Mayor Sandy Cox said she has been engaging in discussions with the Texas Lodging Society and Gov. Greg Abbott’s office with regard to using hotel occupancy tax money to aid recovery efforts from the economic damage caused by the coronavirus pandemic.
The funds raised will be distributed to nonprofits, school districts and government organizations across Texas to help promote economic development, health care and education.
March sales tax revenue in western Travis County shows slight year-over-year decreases for some cities
The office of the Texas comptroller released city-by-city numbers for March sales tax revenue May 6, and officials said the figures shown for Texas cities represent the last month before the effects are shown of what COVID-19 has done to municipal revenue.
Sales tax revenue collected by the state of Texas in April totaled $2.58 billion, a more than 9% drop compared to April 2019,
43.39% of restaurant owners choosing to reopen dine-in service May 1, Texas Restaurant Association survey shows
Texas restaurants have not been permitted to offer dine-in services since mid-March but could start again beginning May 1.
Phase One of Gov. Abbott’s plan to reopen Texas began May 1.
During a special called meeting April 30, Rollingwood officials voted to approve a project to provide financial relief for businesses within city limits.
Community leaders in the Lake Travis area are hopeful a new financial assistance plan from Travis County will add another layer of help to small businesses in more obscure geographic regions of western Travis County.
Only a few brewpubs in and around Austin have announced plans to open their doors to customers May 1, even as revenue continues to dwindle statewide.
The Texas Workforce Commission has released new data showing 920,604 people statewide have filed for unemployment from March 18-April 18.
As some Texas restaurants and businesses prepare to reopen with limited occupancy starting May 1, to-go alcohol sales will be allowed to continue, according to the Texas Alcoholic Beverage Commission and Gov. Greg Abbott.
The Lake Travis Chamber of Commerce Covid-19 Business Impact Survey also asks business owners questions based on federal assistance they have sought as well as on the status of any federal assistance applications and how much money they requested.
The total number of cases in Travis County has reached 1,312.
Lakeway City Manager Julie Oakley forecasts the city will see a realistic variance from its budget of a deficit of $1.1 million.
Q&A: New Austin Chamber CEO Laura Huffman says community safety, opening the economy do not have to be 'forced trade-off'
Huffman, an Austin native and a former assistant city manager, officially stepped into her new role April 20.