CITY OF DEVINE RESIDENTS:
In the September 3rd edition of the Devine News, the City of Devine provided incorrect information regarding the tax rate for fiscal year 2025-2026.
The city stated that the proposed tax rate of 0.05900 is NOT greater than the no new revenue rate; in fact, it is greater than the no new revenue rate at .05675
On a previous meeting it was announced by Mayor Cook that revenue from property taxes would bring in an additional $39,348.00. The information he was given was incorrect. The new tax rate will raise more revenue from property taxes than last year’s budget by an amount of $61,685.00. This is a 4.09 percent increase.
The property tax revenue to be raised from the new property tax roll this year is $11,624.00.
To ensure the public has ample opportunity to participate in the budget process, we will be republishing the budget and tax notice in the Devine News on September 17th, and the new dates for the public hearing and passage on the budget and public hearing and passage of the tax rates are Monday September 29th. at 6 p.m. at George S. Woods Community Center in Devine. Everyone is Welcome to come and participate.
The City apologizes for…LOGIN TO CONTINUE READING at www.devinenewsmembers.com. You will get instant access to our full E-edition, and begin getting the newspaper delivered to your home next week for $36 a year in Medina County. Support important local city, county, and school news like this!
