He will also propose "broad strokes" for legislation related to police funding that he hopes the legislature will take up in the 2021 session.
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The announcement, through the governor's reelection campaign and not his official office, will happen on Thursday, Sept. 10 at 2 p.m. at the Austin Police Association. Speaker of the Texas House of Representatives Dennis Bonnin and Attorney General Ken Paxton are also expected to attend.
Gov. Abbott has previously said the state might consider a takeover of the Austin Police Department after the city council removed a third of the department's budget.
SEE ALSO: Houston increases police budget as Dallas, Austin officials consider decreases
Calls for "defunding" police departments have gained momentum since the death of Houstonian George Floyd at the hands of Minneapolis Police.
"Defund the police" is a slogan that supports removing funds from police depts. and directing them toward other services.
Supporters of the movement claim it provides better crime deterrents, while opponents say reductions in law enforcement budgets will result in more victims and crimes.
WATCH: ABC13 hosts 'Police & Our Communities of Color' town hall
WATCH: ABC13 hosts 'Police & Our Communities of Color' town hall
RELATED LINK: Gov. Greg Abbott and other Texas leaders want to freeze property tax revenues for cities that cut police budgets