Conroe City Council approves FY 2020-21 tax rate Sept. 10

Weeks of budget hearings culminated with a vote to approve the tax rate Sept. 10. (Andy Li/Community Impact Newspaper)
Weeks of budget hearings culminated with a vote to approve the tax rate Sept. 10. (Andy Li/Community Impact Newspaper)

Weeks of budget hearings culminated with a vote to approve the tax rate Sept. 10. (Andy Li/Community Impact Newspaper)

Conroe City Council approved a tax rate of $0.4375 per $100 valuation for fiscal year 2020-21 at its Sept. 10 meeting, which is the same rate as last fiscal year.

“We’re happy to report there’s no increase in taxes to our citizens,” Mayor Pro Tem Duke Coon said.

However, because the rate exceeds the no new revenue rate, it is effectively a 0.44% increase in the tax rate, officials said. The effective, or no new revenue, tax rate is one that generates an equal amount of tax revenue year over year and can be lowered annually as local property valuations increase.

When home appraisals are higher, it brings in more revenue for the city. Officials anticipate an increase in property tax revenue next fiscal year, and they voted to ratify a property tax revenue increase for FY 2020-21.

Council Member Duane Ham was the sole vote in opposition to the tax rate.


“I just want to go on the record that I was against it last year, and I was against it this year,” he said.
By Eva Vigh
Eva Vigh joined Community Impact Newspaper in 2018 as a reporter for Spring and Klein. Prior to this position, she covered upstream oil and gas news for a drilling contractors' association.


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