Data: Taxable values increase 12.9% in Hutto

Final approval for Harris County's bail bond settlement has been pushed back from Aug. 21 to Sept. 19.

Final approval for Harris County's bail bond settlement has been pushed back from Aug. 21 to Sept. 19.

The city of Hutto's taxable value increased by nearly $239 million in 2019, according to Williamson Central Appraisal District certified data released July 18.

In 2019, Hutto's certified taxable value is projected to be $2.1 billion, an increase from approximately $1.9 billion in 2018, according to WCAD. The city saw a 12.9% increase year-over-year, per the data set.

Williamson County's taxable values increased by 8.9%, an increase that will be taken into account by Williamson County Commissioners Court when setting the fiscal year 2019-20 tax rate.

Senate Bill 2, state legislation passed June 12, created a cap on how much a county, city or other taxing entity can increase its property tax rate—no more than 3.5% more than the previous year without voter approval.

The city of Hutto is considering a tax rate increase, which would bring the current rate from $0.51 per $100 taxable value would increase to either $0.62, $0.64 or $0.68.

Find WCAD's certified tax data here.

Editor's note: Year-over-year increase numbers have been corrected in this story.