Legislation Details

File #: 24-5019    Version: 1 Name:
Type: Discussion Item Status: Agenda Ready
File created: 8/9/2024 In control: Commissioners Court
On agenda: 8/15/2024 Final action:
Title: Request for discussion and possible adoption of the proposed 2024 tax rate of $.38530 for Harris County.
Department: Management and Budget
Department Head/Elected Official: Daniel Ramos

Regular or Supplemental RCA: Regular RCA

Type of Request: Tax Rate

Project ID (if applicable): NA
Vendor/Entity Legal Name (if applicable): NA

MWDBE Contracted Goal (if applicable): NA
MWDBE Current Participation (if applicable): NA
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request

Request Summary (Agenda Caption):
title
Request for discussion and possible adoption of the proposed 2024 tax rate of $.38530 for Harris County.
end

Background and Discussion:
On August 6, 2024, Commissioners Court proposed the 2024 tax rate for Harris County and set a public hearing on the tax rate for August 15, 2024. The 2024 proposed and 2023 adopted rates are:


Proposed 2024 Tax Rates Per $100 of Value






2024 Proposed
2023 Adopted
Change $
Change %





Harris County Maintenance & Operation (M&O)
$0.33455
$0.30281
$0.03174
10.48%
Harris County Debt (I&S)
$0.05075
$0.04726
$0.00349
7.38%
Harris County Total
$0.38530
$0.35007
$0.03523
10.06%

The 2024 proposed rate is higher than the 2024 Voter Approval Rate (VAR) of $.38529. If Court adopts a rate that is higher than the VAR, an election must be called at which the voters will approve or reject the adopted rate. If a tax rate election is called and does not pass, the rate for 2024 will revert to the VAR.


Expected Impact:



Alternative Options:
If Court chooses to not adopt a tax rate for the County at this meeting, tax rate adoption will need to occur at a future meeting. If a rate is adopted at a later meeting, the adopted rate will need to be at or below the calculated Voter Approval Rate.


Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
X Governance and Customer Service

Prior Court Action (if any):
Date
Agenda Item #
Action Taken
8-6-2024
28
Court proposed 2024 tax rates for Harris County an...

Click here for full text