Missouri City residents will have a chance to voice their thoughts on the city's proposed 3 cent tax rate increase Sept. 13 at 5:30 p.m. and Sept. 17 at 7 p.m. at City Hall, 1522 Texas Parkway, Missouri City.

The proposed rate of $0.6300 per $100 valuation exceeds the lower of the effective tax rate or the rollback tax rate, according to city officials. State law requires that two public hearings be held by the governing body before adopting the tax rate. The proposed rate is a 3 cent increase from the current tax rate of $0.60 per $100 valuation.

The effective tax rate—or the total tax rate needed to raise the same amount of property tax revenue for the city from the same properties in the 2017 tax year and the 2018 tax year—is $0.581873 per $100 valuation. The rollback tax rate—$0.636933 per $100 valuation—is the highest tax rate the city could adopt before voters are entitled to petition for an election to limit the rate that may be approved to be the rollback rate.

The City Council proposes to use revenue from the property tax rate increase for priorities, such as funding for information technology and fleet critical needs; the expiring COPS grant for police officers; investing and improving animal services operations; lake maintenance and herbicide treatment; the implementation of market compensation and benefits study recommendations; and increases in health insurance costs and retirement system requirements.

To calculate how the proposed tax rate will affect your tax bill, multiply the rate by the taxable value of your property, and divide that by 100.

For more information about Missouri City's proposed tax rate and budget, click here.