West Lake Hills City Council holds public hearing on proposed FY 2019-20 tax rate

West Lake Hills City Council held its first public hearing Aug. 14 for the proposed property tax rate.

West Lake Hills City Council held its first public hearing Aug. 14 for the proposed property tax rate.

West Lake Hills held its first public hearing Aug. 14 on the proposed fiscal year 2019-20 tax rate of $0.07 per 100 valuation.

The proposed tax rate was officially set during a July 24 regular meeting. The public hearing was held to provide the community with a chance to comment.

The proposed tax rate for FY 2019-20 remains the same from the previous year, and Mayor Linda Anthony called the proposed rate a wise decision from the board. Anthony said she believes raising property taxes was unnecessary due to a strong cash reserve balance and sales tax revenue.

The FY 2019-20 budget projects a property tax revenue increase of $68,660, a 4.54% increase from 2018-19. The increase comes from the addition of new properties to the tax roll.


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