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Raymondville ISD shows preliminary taxable values up 2.9%; tax-rate range estimated
Summary
District staff reported preliminary taxable values rose 2.9% to $366.7 million and presented an estimated tax-rate range of $0.98–$1.05 per $100 of valuation, with a required adoption deadline of Sept. 30 and a public meeting planned for September.
At the June 9 budget workshop, district staff reported the Willacy County Appraisal District provided certified preliminary taxable values showing an increase from $356,465,584 to $366,715,855, a 2.9% rise.
David Longoria, the district chief financial officer, presented an estimated tax-rate range of $0.98 to $1.05 per $100 of assessed valuation and announced a public meeting on the tax rate will be held in September. Longoria reminded the board that the district is required to adopt a tax rate by Sept. 30.
Staff said the figures are preliminary and depend on final certified values and other calculations; the workshop presentation was informational and did not include a final tax-rate vote.
