City of Katy proposes $0.48 property tax rate for FY 2019-20

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Property owners in the city of Katy may see relief in their municipal property taxes.

The city of Katy’s proposed property tax rate for fiscal year 2019-20 is $0.48 per $100 of valuation, according to a Sept. 16 special council meeting agenda. Last year’s rate was $0.486720.

Although the proposed rate is lower, the city expects to bring in an more tax revenue in FY 2019-20 than the previous year because valuations have increased year over year, city of Katy Finance Director Andrew Vasquez said.

Katy City Council will vote whether to adopt the new rate Sept. 23 at Katy City Hall, 901 Avenue C, Katy.

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Jen Para
Jen joined Community Impact Newspaper in fall 2018 as the editor of the Katy edition. A graduate of the University of Missouri School of Journalism, Jen has written about business, politics and education since 2013. Prior to CI, Jen was the web producer at Houston Business Journal.
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