Breckenridge Texan

Stephens County Commissioners to hold hearing on tax rate, budget on Monday, Sept. 13

Stephens County Commissioners to hold hearing on tax rate, budget on Monday, Sept. 13
September 13
07:56 2021

The Stephens County Commissioners Court will hold a public hearing at 9 a.m. Monday, Sept. 13, on the proposed 2021-2022 tax rate and budget, followed by the commissioners regular meeting.

The hearing will take place in the district courtroom on the second floor of the Stephens County Courthouse, 200 W. Walker St.

Each citizen may speak for up to five minutes during the hearing portion of the meeting. All other comments on regular agenda items will be limited to two minutes during the regular meeting.

The proposed tax rate is $0.80 per $100 property valuation. The rate is the same as last year’s rate, but because of increased property values in the county, it is higher than the “no-new-revenue tax rate,” which is $0.7367 per $100. The no-new-revenue tax rate is the tax rate for the 2021 tax year that will raise the same amount of property tax revenue for Stephens County from the same properties in both the 2020 tax year and the 2021 tax year.

The County officials estimate that the tax rate will increase property taxes on the average homestead by $84.64, based on the average value of $83,812. The amount of taxes owed by each homeowner will depend on their property’s appraised value. Additionally, homeowners also pay property taxes to the school district, hospital district and city (for those living inside the city limits).

For more information on the meeting, click the following links:

Public Hearing and Meeting Agenda

Proposed Stephens County Budget

Notice of Public Hearing on Tax Rate

For additional information, visit the Stephens County website.

 

Cutline, top photo: The Stephens County Commissioners will hold a public hearing on the proposed tax rate and budget at 9 a.m. Monday, Sept. 13. They are pictured here at a meeting earlier this year. (Photo by Tony Pilkington/Breckenridge Texan)

 

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