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Levelland council sets 0.55 tax-rate ceiling, approves parks code changes and advances building-fee ordinance
Summary
At its August meeting, the Levelland City Council set a 0.55 ceiling for the FY2024–25 property-tax rate and scheduled a Sept. 9 public hearing, approved parks code updates on second reading, and advanced an overhaul of building and permit fees on first reading.
The Levelland City Council on Aug. 19 established a maximum (ceiling) property-tax rate of 0.55 for the 2024–25 fiscal year and set a public hearing on the tax rate for Sept. 9, while continuing to work toward a recommended rate of 0.535.
City staff explained three Texas statutory tax-rate categories — the no-new-revenue rate, the voter-approval rate and the de minimis rate — and told council that setting a ceiling does not adopt the final rate. Staff noted the de minimis estimate for FY2024–25 is 0.59097 and the voter-approval rate cited was about 0.5557. The meeting packet showed a recommended working rate of 0.535; staff warned the budget as presented still shows a deficit and noted the council could use some fund balances for…
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