What you need to know
The proposed tax rate for fiscal year 2024-25 is $0.3167 per $100 valuation. This is a decrease from the FY 2023-24 rate of $0.3231 per $100 valuation.
According to the proposed budget, the new property value for the year is approximately $855 million. $4.4 million is expected to be raised from property taxes, which is a 6.5% increase compared to the previous budget.
While the tax rate is decreasing, property owners may see an increase in annual tax payments due to increasing home appraisal values.
Appraisal values for homes in Guadalupe County can be checked through the Guadalupe County Appraisal District.
Budget explained
The proposed budget has an estimated revenue of $88 million with estimated expenditures of $100 million.
According to an Aug. 15 budget overview, the proposed budget will include capital improvement projects such as:
- Elections office improvements
- Schertz Annex improvements
- Justice of the Peace and Constable improvements
- Precinct 4 in Marion improvements
- Animal Control Division improvements
- Emergency Operations Center/warehouse
- Emergency Response Center
The public hearing and approval of the budget is scheduled for Sept. 3 stating at 10 a.m.
The proposed budget can be found here.
