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Texas City approves $90.8 million budget - The Galveston County Daily News: News

September 30, 2016

Texas City approves $90.8 million budget

Posted: Wednesday, September 21, 2016 11:00 pm

Commissioners on Wednesday night approved a $90.8 million budget for Texas City’s next fiscal year, which begins Oct. 1.

Homeowners will pay a 5 cent higher property tax rate of 49.7 cents per $100 taxable property valuation. The effective tax rate — the rate needed for the city to collect the same amount of revenue — increased 5 cents because of lower appraisal values for industrial complexes.

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