Missouri City City Council approves $0.63 tax rate for FY 2019-20

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Missouri City City Council unanimously approved a $0.63 rate rate per $100 evaluation during a regular meeting Oct. 7. The $0.63 rate is composed of two parts: a $0.47 maintenance and operations rate and a $0.16 debt service rate.

Because this rate is higher than the effective tax rate—the tax rate needed to give the city the same amount of revenue as it had in the previous fiscal year—the city was required to hold two public hearings. Those hearings occurred Sept. 12 and 23.

Mayor Yolanda Ford said this is an effective 4.3% property tax increase.

 

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Claire Allbright
Claire joined Community Impact Newspaper in September 2019 as the reporter for the Sugar Land/Missouri City edition. She graduated from the University of Texas at Austin in May 2019 with bachelor's degrees in journalism and government and a minor in Arabic. Previously, Claire was a fellow at The Texas Tribune and the news editor of The Daily Texan. In her free time, Claire enjoys playing cards and jamming out to the boss, Bruce Springsteen.
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