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The council voted 6-1 to approve the city’s $492.1 million FY 24 budget.
Councilwoman Elizabeth Cunha voted against the motion.

The council also unanimously ratified to property tax revenue increase reflected in the budget.


APPROVED BUDGET

 

NOTICE OF PUBLIC HEARING
ON TAX INCREASE


A tax rate of $0.513086 per $100 valuation has been proposed by the governing body of City of College Station.

 

PROPOSED TAX RATE

$0.513086 per $100

 

NO-NEW-REVENUE TAX RATE

$0.455159 per $100

 

VOTER-APPROVAL TAX RATE

$0.513086 per $100


The no-new-revenue tax rate is the tax rate for the 2023 tax year that will raise the same amount of property tax revenue for City of College Station from the same properties in both the 2022 tax year and the 2023 tax year.

The voter-approval rate is the highest tax rate that City of College Station may adopt without holding an election to seek voter approval of the rate.

The proposed tax rate is greater than the no-new-revenue tax rate. This means that City of College Station is proposing to increase property taxes for the 2023 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 24, 2023 AT 6:00 PM AT City Hall council Chambers, 1101 Texas Ave., College Station, TX 77840.

The proposed tax rate is not greater than the voter-approval tax rate. As a result, City of College Station is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the College Station City Council of City of College Station at their offices or by attending the public hearing mentioned above.

YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:

Property tax amount= (tax rate) x (taxable value of your property)/100

 

FOR the proposal:

John Nichols, Mayor

Mark Smith, Council Place 1

 

William Wright, Council Place 2

Linda Harvell, Council Place 3

 

Elizabeth Cunha, Council Place 4

Bob Yancy, Council Place 5

 

Dennis Maloney, Council Place 6

 

 

 

 

AGAINST the proposal:

None

 

 

 

 

 

 

 

 

 

 

 

 

 

PRESENT and not voting:

None

 

 

 

 

 

 

 

ABSENT:

None

 

 

 

 

 

 

 


Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.

The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.

The following table compares the taxes imposed on the average residence homestead by City of College Station last year to the taxes proposed to be imposed on the average residence homestead by City of College Station this year.

 

2022

2023

Change

Total tax rate (per $100 of value)

$0.524613

$0.513086

decrease of -0.011527, or -2.20%

Average homestead taxable value

$326,112

$360,970

increase of 34,858, or 10.69%

Tax on average homestead

$1,710.83

$1,852.09

increase of 141.26, or 8.26%

Total tax levy on all properties

$56,063,984

$64,639,748

increase of 8,575,764, or 15.30%

 

 

For assistance with tax calculations, please contact the tax assessor for City of College Station at 979-775-9930 or [email protected], or visit texas.gov/propertytaxes for more information.


2023 Tax Notice
Information



  
The Office of Budget and Strategic Planning
is responsible for preparing and monitoring the city's annual operating and capital budgets, as well as facilitating the city's strategic planning process.

View Budget Documents

Hard copies can be obtained at the following locations:

  • City Secretary's Office
  • Larry J. Ringer Public Library
  • Public Communications Department
  • Office of Budget and Strategic Planning

If you have any questions regarding the budget, email [email protected]
 

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