County Judge Ramon Garcia says Hidalgo County will work to lower property tax rate
Editor's note: This story has been updated.
When Hidalgo County starts working on next year's budget, lowering property taxes will be a priority, said County Judge Ramon Garcia.
"We're going to start our budget process by putting that at the top of our list," Garcia said.
While Hidalgo County hasn't increased the property tax rate in 15 years, higher property valuations leave homeowners paying bigger bills to the county, cities and school districts.
"We're going to see what we can do at the county level about that," Garcia said.
Hidalgo County collects 59 cents for every $100 of taxable assessed valuation.
That adds $590 to the property tax bill for a $100,000 home.
If Hidalgo County lowers the tax rate by a penny, that would save residents $10 annually. Garcia said Hidalgo County would collect about $3.6 million less.
Any property tax rate decrease would happen after a careful consideration. Garcia said he doesn't think reducing the tax rate will affect any ongoing projects.
The Commissioners Court usually takes action on the property tax rate in September.
If Hidalgo County decreases the property tax rate, it'd be the third time since 1852 that the Commissioners Court adopted a tax rate lower than the year before, Garcia said.
Correction: This article incorrectly stated if Hidalgo County decreases the property tax rate, it'd be the second time since 1852 that the Commissioners Court adopted a tax rate lower than the year before. It would be the third time, if Hidalgo County decreases the property tax rate.