Notice of Public Hearing on Tax Rate – October 21, 2024
A public hearing on the proposed 2024 tax rate will be held on October 21, 2024, at 6:30 PM at 21603A Fox Trail Lane, Humble, Texas, 77338. This is an important opportunity for community members to provide input on the proposed tax changes.
Tax Rate Analysis
The proposed tax rate for 2024 is $0.6100 per $100 of property value, a decrease from last year’s rate of $0.6500 per $100.
This represents a 6.15% decrease in the tax rate compared to the previous year. However, due to an increase in property values, the average homestead taxable value has risen from $189,745 last year to $203,082 this year.
As a result, the tax on the average residence will slightly increase from $1,233.34 to $1,238.80, which amounts to a $5.46 annual increase.
Further Information
For more details on how this tax rate could affect you, and to understand how your individual property taxes may change, please refer to the Notice of Public Hearing on Tax Rate 2024 document. You can also visit Texas.gov/PropertyTaxes for access to your local property tax database and additional information regarding proposed tax rates.
For those interested in voicing their opinion, attending the public hearing or reviewing the complete document will provide more insight into the proposed changes.