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Nueces County staff propose tax rate above effective rate; presentation forecasts $3.63 million in added revenue
Summary
At an Aug. 11 budget workshop, county staff presented a proposed 2014–15 tax rate that would be about 1.5 cents above the effective tax rate and — counting new-growth value — yield roughly $3.63 million in additional revenue; the court set an Aug. 20 vote and two public hearings in September.
NUECES COUNTY — County budget staff told the Commissioners Court at an Aug. 11 budget workshop that a proposed 2014–15 county tax rate would be modestly above the statutory “effective tax rate” and would increase overall county revenues once new growth is counted.
The presenter identified in the record as Steve described the effective tax rate for 2014–15, as shown in staff materials, as about 0.319622 and said the county’s proposed rate was presented at roughly 0.33513. “So we are increasing the taxes, above the effective tax rate,” Steve said during the briefing. Staff reported that adopting the proposed rate would…
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