The council Tuesday approved the second reading of a $251.3 million budget for the 2020 fiscal year that will keep the effective tax rate, a slight decrease from the current rate, city officials said.

If the council approves the final tax rate in October, the property tax rate would decline from 56.38 cents per every $100 of taxable property value down to 54.85 cents per $100 of taxable property value, officials said.

Property taxes account for about $50 million, about 36 percent, of the city’s general fund revenues, documents show.

Tuesday’s vote brings toward a close a relatively quiet budget season for Galveston County’s biggest city.

The city’s population in January of this year was 106,803 and officials now project it could one day rise above 200,000.

Matt deGrood: 409-683-5230; matt.degrood@galvnews.com


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