TAX NOTICES:
The Proposed FY2025-2026 Budget will raise more revenue from property taxes than last year’s budget by an amount of $110,642, which is a 10.26 percent increase from last year’s budget. Of that amount, $64,265 is tax revenue to be raised from new property added to the tax roll this year.
| Taxpayer Impact Statement Property Tax Due on Median Valued Homestead 2024 Rate vs 2025 Proposed Rate vs 2025 No New Revenue Rate | |||
| Rate per $100 of Value | Median-Valued Homestead Property | Tax Due | |
| 2024 Adopted Rate | 0.173646 | $893,425 | $1,551 |
| 2025 Proposed Rate | 0.173646 | $1,551 | |
| 2025 No New Revenue Rate | 0.161552 | $1,443 | |
The FY2024-2025 Budget will raise more total property taxes than last year's budget by $132,554, which is a 12.06% increase from last year's budget, and of that amount $56,147 is tax revenue to be raised from new property added to the tax roll this year. The Town's adopted tax rate is the same rate as the previous year $0.173646/$100.
The language above is required by the Texas Tax Code, Chapter 26.
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