Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Bandera staff outlines preliminary tax-rate options and timeline at public hearing
Summary
City staff presented preliminary tax-rate calculations for fiscal year 2024–25, outlined the state-defined voter-approval and de minimis thresholds, and explained the public-notice and adoption timeline; no tax-rate vote was taken.
City of Bandera staff presented preliminary calculations for the property tax rate for fiscal year 2024–25 and explained the public-notice schedule during a public hearing on Aug. 13.
City staff member Stan said the city’s current combined tax rate is 47 cents per $100 of assessed value and walked the council and public through a worksheet showing a recommended preliminary rate of 47 cents. He said the worksheet also produces a “no-new-revenue” rate (about 44 cents) and the state’s voter-approval rate (about 46.17 cents), and that the de minimis rate in the worksheet is substantially higher. Stan said the calculations used the latest preliminary taxable…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
