Monday, July 28, 2014

Travis County Proposing Higher Taxes

"But the former governors who were before me laid burdens on the people, and took from them bread and wine, besides forty shekels of silver. Yes, even their servants bore rule over the people, but I did not do so, because of the fear of God."
Nehemiah 5:15

Rising property values mean that even with a lower tax rate — 47.72 cents per $100 in taxable value, down from the current rate of 49.46 cents — homeowners would see the largest lump-sum increase in their county taxes since 2009.

Compared to this year’s budget, next year’s $901 million preliminary budget would increase spending by $44.6 million.

The Travis County Commissioners Court will begin discussing the budget after an Aug. 11 presentation, and plans to adopt the budget and tax rate on Sept. 23.
Read the whole thing here.

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