Harlingen cuts tax rate while property values spur new revenue

https://img.particlenews.com/image.php?url=01Xp8U_0v7BmyQX00
Homes are under construction Friday, Jan. 20, 2023, at Palm Valley Heights subdivision in Harlingen. (Denise Cathey/The Brownsville Herald)

Getting your Trinity Audio player ready…

HARLINGEN — Amid little protest, city commissioners are proposing to cut about 2 cents off the current property tax rate while generating $27.5 million in revenue.

Earlier this week, commissioners proposed adopting the so-called, voter-approved tax rate of about 52 cents per $100 valuation, down from the current 54 cents, based on a state mandate capping new revenue at 3.5%…

Story continues

YOU MIGHT ALSO LIKE

TRENDING ARTICLES