Tax rate public hearings set for coming days

Palm Valley officials offer up tax rate increase

PALM VALLEY — The city is proposing a slight tax rate increase over last year’s number.

Palm Valley officials have come up with a 48-cent per $100 valuation tax rate for next year. This rate is higher than last year’s rate of 45 cents per $100 of valuation.

That means, if approved, the owner of a $200,000 home would pay $968 in taxes for city services. That compares to $904 last year. According to the published tax rate proposal, the increase is for the “purpose of funding future street maintenance.”

The proposed rate is the same as the rollback rate number.

The rate exceeds the lower of the effective or rollback tax rate and state law requires that two public hearings be held before the governing body is able to adopt the proposed rate.

The first public hearing is set for Tuesday, Aug. 16, at 5 p.m. at City Hall, 1313 N. Stuart Place Road. The second public hearing will be on Tuesday, Aug. 30, at 5 p.m. at the same location.

La Feria proposes tax rate increase

LA FERIA — The city’s proposed tax rate will exceed the lower of the effective or rollback tax rate.

La Feria officials are proposing a tax rate of 81 cents per $100 of valuation. Last year’s rate was 76 cents.

That means, if approved, the owner of a $100,000 home would pay $810 in taxes for city services. That compares to $760 last year. According to the published tax proposal, the increase is for the continued funding of “governmental and safety services.”

The first public hearing is set for Aug. 23 at 6:30 p.m. at the La Feria City Commission meeting room, 115 E. Commercial Ave. The second hearing is one week later, on Aug. 30 at the same time and location.

Harlingen schools set tax hearing

HARLINGEN — Harlingen Consolidated Independent School District is proposing the same tax rate as last year.

The proposed rate is $1.17 for maintenance and operations. The proposed interest and sinking fund rate is 14 cents, the same as last year.

The rate to maintain the same level of maintenance and operations revenue and pay debt service is $1.145.

The district will hold a public hearing on the tax rate on Aug. 23 at 6 p.m. at the administration building, 407 N. 77 Sunshine Strip.

Cameron County proposes slight increase

BROWNSVILLE — Cameron County officials are proposing a slight tax rate increase, from $0.399 to $0.409.

That means the owner of a home valued at $100,000 would pay about $409 in taxes. That compares to about $399 last year.

Two public hearings have been scheduled. The first is set for Aug. 23 at 8:45 a.m. at the Cameron County Courthouse, 964 E. Harrison St., Brownsville.

The second is set for Sept. 6 at 5:30 p.m.

Santa Rose schools propose same tax rate

SANTA ROSA — The Santa Rosa Independent School District is proposing a tax rate for maintenance and operations of $1.17, the same as last year’s.

The proposed interest and sinking fund rate is 27 cents, down from 29 cents last year.

A public hearing has been set for Aug. 23 at 6 p.m. at the Santa Rosa High School Library, 102 South Main St.

Water district to hold tax hearing

HARLINGEN — Cameron County Drainage District No. 5 is proposing to keep the same tax rate.

The proposed rate is 13 cents, the same as last year’s.

At the same time, the average appraised value has increased from $95,843 to $97,433.

That means the tax on an average residence homestead would increase from $131.65 to $133.84.

A public hearing has been set for Aug. 23 at 9:30 a.m. at 221 E. Filmore Ave. in Harlingen.

Los Indios proposes same rate

LOS INDIOS — The city of Los Indios is proposing to keep the same tax rate of 43 cents.

The effective tax rate is 41 cents and the rollback rate is 44 cents.

Under the proposed rate, the owner of a home valued at $100,000 would pay about $432.

Definitions

Effective tax rate

The total tax rate needed to raise the same amount of property tax revenue for the governing body from the same properties in both the 2015 tax year and 2016 tax year.

Rollback tax rate

The highest tax rate the city can adopt before voters are “entitled to petition for an election to limit the rate that may be approved to the rollback rate.”

Calculate your taxes

Tax rate x taxable value of property/100