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News

Round Rock proposes $0.425 per $100 valuation tax rate

Published on August 27, 2016 under CommunityImpact

The city of Round Rock proposed a maximum tax rate of $0.425 per $100 valuation for Fiscal Year 2016-17 and City Council approved a first reading of the rate and budget Aug. 25. The proposed rate is 3.07 cents more than the effective rate of $0.39428 per $100 valuation, so the average household will pay about $74 per year more in city taxes than the previous fiscal year, according to a release by the city. The property tax rate will fund the $323.5 million proposed budget, which is also funded through sales taxes. According to a release by the city, the budget includes new positions in […]

The post Round Rock proposes $0.425 per $100 valuation tax rate appeared first on Community Impact Newspaper.

Source: Community Impact- Round Rock

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