By Anton Riecher
City of Devine ad valorem tax collection for fiscal year 2024-2025 is projected at $1.45 million, up significantly from the $1.27 million collected the previous year, a municipal finance expert reported to the city council at its July 15 budget workshop.
Christine Green delivered a general overview in the council’s first budget workshop for the upcoming fiscal year.
“As far as your ad valorem collections I do know that property tax values throughout the state have been increasing a little bit, but it really stayed pretty flat for most cities I work at,” Green said.
In Texas, municipalities collect ad valorem property taxes, which are based on the value of real and personal property, to fund local services streets, police and fire.
Current property tax collection as of May 2025 has already exceeded projections by about $112,000, Green said.…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!
