Round Rock proposes same tax rate from previous year
The city of Round Rock is proposing the same property tax rate of $0.41465 per $100 valuation from FY 2015-16 for the upcoming fiscal year, according to draft documents. The tax rate will result in an increase on most residents’ city tax bill because of increasing property values. The effective rate, or rate that would have kept the amount paid to the city the same for the average household, was set at .38409 per $100 valuation. The proposed budget was set at $322.3 million and added 15 new staff members including new police officers and a second assistant fire chief. Furthermore, […]
The post Round Rock proposes same tax rate from previous year appeared first on Community Impact Newspaper.
Source: Community Impact- Round Rock