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Fort Bend County
City Council Scheduled to Hold Two Public Hearings On Proposed Property Tax Rate Increase: Sept. 13 and Sept. 17
News Release
Monday, September 10, 2018

City Council will hold two public hearings to receive comments regarding the City’s proposed property tax rate increase to $0.63000. The dates are as follows:

First Hearing: 

  •  Thursday, Sept. 13 at 5:30 p.m. at City Hall, Council Chambers, 1522 Texas Pkwy.

Second Hearing: 

  • Monday, Sept. 17 at 7 p.m. at City Hall, Council Chambers, 1522 Texas Pkwy.

A property tax rate of $0.630000 per $100 valuation has been proposed for adoption by City Council and this rate exceeds the lower of the effective or rollback tax rate. State law requires that two public hearings be held by the governing body before adopting the proposed tax rate.
 

PROPOSED TAX RATE                                    $0.630000 per $100

 

PRECEDING YEAR’S TAX RATE                      $0.600000 per $100

 

EFFECTIVE TAX RATE                                     $0.581873 per $100

ROLLBACK TAX RATE                                     $0.636933 per $100

The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for the City of Missouri City from the same properties in both the 2017 tax year and the 2018 tax year.

The rollback tax rate is the highest tax rate that the City of Missouri City may adopt before voters are entitled to petition for an election to limit the rate that may be approved to be the rollback rate.

City Council proposes to use revenue attributable to the property tax rate increase for the purpose of strategic priorities such as funding for IT 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, increases in health insurance costs, and retirement system requirements.

Property taxes owed under any of the above rates may be calculated as follows:

(Rate) x (Taxable value of your property)/100 = Property tax amount

For assistance or detailed information about tax calculations, please contact: Fort Bend County Tax Assessor-Collector Patsy Schultz at 281.341.3710 or patsy.schultz@fortbendcountytx.gov.

For updates, please watch the City website: www.missouricitytx.gov, like us on Facebook—fb/MissouriCityTX, follow us on Twitter, Instagram and Snapchat—@MissouriCityTX, watch Missouri City Television (Ch. 16 on Comcast and Ch. 99 on AT&T U-verse) or download the MCTX Mobile app (available for free in Google Play and the Apple app store).






Remembering Jim Guidry


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