Texarkana, Texas 2021-09-15 00:36:30 –
Texarkana (KTAL / KMSS) – The Texarkana City Council of Texas approved a new budget on Tuesday, reducing property taxes for the first time in 20 years.
The rate will be reduced by 5 cents for every $ 100 valuation. This is the tax reduction since 2001.
“Despite suffering from the cyberattacks that hit COVID-19 and last year’s city and the winter storm in February this year, sales tax revenues were very strong,” said Mayor Bob Bruchmann.
The new rates will take effect on October 1st.
Texarkana, Texas lowers property taxes for first time in 20 years Source link Texarkana, Texas lowers property taxes for first time in 20 years