County leaders propose 7-cent property tax hike

Error message

  • Notice: Undefined index: taxonomy_term in similarterms_taxonomy_node_get_terms() (line 518 of /home/etypese1/public_html/fredericksburgstandard/sites/all/modules/similarterms/similarterms.module).
  • Notice: Undefined index: 0 in similarterms_list() (line 221 of /home/etypese1/public_html/fredericksburgstandard/sites/all/modules/similarterms/similarterms.module).
  • Notice: Undefined offset: 1 in similarterms_list() (line 222 of /home/etypese1/public_html/fredericksburgstandard/sites/all/modules/similarterms/similarterms.module).

By Lisa Treiber-Walter —

A local property tax increase of 21 percent — most of which to cover jail bond costs — is being proposed by the County of Gillespie and citizens may offer their input during two public hearings.

The first of those meetings is scheduled Friday, Aug. 30, at 5:15 p.m. at the courthouse, 101 West Main Street.

The second hearing will also be at the courthouse on Tuesday, Sept. 3, starting at 5:20 p.m. The county’s budget hearing will immediately follow this hearing. (Copies of the proposed budget can be found at the front desk in Pioneer Memorial Library, in the County Judge’s office, at the County Clerk’s office, the County Auditor’s office and at: www.gillespiecounty.org.)

Based on calculations related to the tax rolls, debt service and their upcoming 2013-2014 Fiscal Plan, Gillespie County Commissioners are considering a move to increase the current ad valorem property tax rate of $0.3101 per $100 valuation to $0.3805 per $100 valuation.

Such a hike could translate into an estimated $148.55 increase annually in taxes for an average residential homestead in Gillespie County, which totals $211,000.

At $0.3805 per $100 valuation, the proposed rate is 21.87 percent higher than this year’s Effective Tax Rate (ETR) of $0.3122 per $100 valuation — the rate calculated by the Gillespie County Tax Assessor Collector as the rate required to raise the same amount of taxes on the same properties this year as was raised last year.

For more on this story, read this week’s print and online editions of the Fredericksburg Standard-Radio Post. If you are a print subscriber, your full online subscription is free. All you need to do is call 830-997-2155 to get a password. If you are not a subscriber, call 997-2155 or click on the ‘Subscribe’ button on the left side of the home page and sign up today!

Rate this article: 
No votes yet