October 1, 2022 12:18 pm

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rotator
Posted: 9.8.2022 13:53

PUBLIC HEARING TO BE HELD PRIOR TO TAX RATE BEING SET AS $3.674 BILLION IN APPRAISALS ARE STILL UNDER PROTEST

Montgomery County Commissioners were told this morning at the regular Commissioners Court Meeting that due to what is needed for the budget being greater than the no new revenue rate a public hearing will be required.

Friday, August 26, 2022, at 9:30 am has been set for that hearing.

The no-new-revenue tax rate enables the public to evaluate the relationship between taxes for the prior year and for the current year, based on a tax rate that would produce the same amount of taxes if applied to the same properties taxed in both years. To do this, several adjustments must be made. Last year’s approved budget was $372 million for 2022 with a no new revenue rate of 40.83 cents per $100 property valuation. This year the rate is 37.64  per $100 property valuation. However, with new property values, you will be writing a larger check for your taxes. Tax Assessor Tammy McRae also told the Commissioners to be careful going forward because any changes to the existing budget could have a negative impact since $3.674 Billion of property values are still being protested.

Last week Commissioners denied Precinct 4 Constable Rowdy Hayden any new positions, the same Precinct 5 Constable Chris Jones, Precinct 2 Constable Gene DeForest, and Precinct 3 Constable Ryan Gable. They did approve additional Mental Health Deputies for Precinct 1 Constable Phillip Cash.

This year alone Constable Haydens Deputies have made just under 1200 arrests, and Constable Jones just under 800. Sheriffs Deputies have made almost 6000 arrests this year, however, that number is not just from patrol, it includes almost 2500 arrests which were made at the courts, probation, outlying counties, and at the jail.

QUESTION: WHAT IS THE TOTAL BUDGET THAT THEY ARE WANTING TO APPROVE?

LAST YEARS BUDGET
Montgomery County
Fiscal Year 2021-2022
Budget Cover Page
August 20, 2021
This budget will raise more revenue from property taxes than last year’s
budget by an amount of $5,439,365, which is a 2.34 percent increase from
last year’s budget. The property tax revenue to be raised from new
property added to the tax roll this year is $8,731,866.78.

The members of the governing body voted on the budget as follows:
FOR: Commissioner Robert C. Walker, Charlie Riley and James Metts
AGAINST: Commissioner James Noack and Judge Mark Keough
PRESENT and not voting:
ABSENT:

Property Tax Rate Comparison
2021-2022 2020-2021

Property Tax Rate: $0.4083/100 $0.4312/100

No-New-Revenue Tax Rate: $0.4083/100 $0.4319/100

No-New-Revenue Maintenance & Operations Tax Rate: $0.3511/100 $0.3721/100

Voter-Approval Tax Rate: $0.4619/100 $0.4590/100

Debt Rate: $0.0623/100 $0.0708/100

Total debt obligation for Montgomery County secured by property taxes:
$41,673,335