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Texas-side City Council listens to residents about tax increase
Texarkana, Texas, held its final tax rate hearing Monday with an audience of three, the same number that attended the first hearing.
The 6-cent increase will take the rate from .5265 per $100 valuation to .5831. Charlie Bassett, city finance director, said the tax increase for a median home will be $4.25 per month. On a $20,000 home, taxes will be an additional 94 cents per month and on a $250,000 home, they will cost $11.79 more per month. Resident Luella Sellers asked the council to consider a lower tax rate if one is necessary. “Residents are...
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