Medina County commissioners voted unanimously Monday to set a proposed 2025 property tax rate of $.4434 per $100 valuation, down from the current rate of $.4511.
(Editor’s Note: This can be confusing, because while the suggested tax rate is lower, tax payers question why their taxes are actually still increasing… Due to higher property appraisals as well as new properties, overall tax collections will be increasing by $2.3 million dollars.
Every year, we are presented with the option to select a tax rate that would instead bring in the same amount of revenues as the previous year, rather than going up on tax collections, but that tax rate has not been selected in many years).
Approved on a motion by Precinct 2 Commissioner Larry Sittre, seconded by Precinct 3 Commissioner David Lynch, the proposed rate is below the rate requiring voter approval at the polls.
A public hearing on the proposed rate is set for 9 a.m. Sept. 8 at commissioners’ court chamber in Hondo.
In other business, commissioners approved an order authorizing $4.5 million…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!
