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The original item was published from 9/16/2013 4:42:39 PM to 9/26/2013 12:05:01 AM.

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Posted on: September 16, 2013

[ARCHIVED] NOTICE OF TAX REVENUE INCREASE

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The Hidalgo County Drainage District #1 conducted public hearings on September 3, 2013 and September 10, 2013 on a proposal to increase the total tax revenues from properties on the tax roll in the preceding year by 29.15 percent.

The total tax revenue proposed to be raised last year at last year's tax rate of $0.0750 for each $100 of taxable value was $19,855,847.

The total tax revenue proposed to be raised this year at the proposed tax rate of $0.0957 for each $100 of taxable value, excluding tax revenue to be raised from new property added to the tax roll this year, is $25,525,760.

The total tax revenue proposed to be raised this year at the proposed tax rate of $0.0957 for each $100 of taxable value, including tax revenue to be raised from new property added to the tax roll this year, is $26,076,052.

The Hidalgo County Drainage District #1 is scheduled to vote on the tax rate that will result in that tax increase at a public meeting to be held on September 24, 2013 at City of Edinburg, City Hall Council Chambers, 415 W. University Drive, Edinburg, Texas 78541 at 9:00 am.

View the notice >>
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