San Marcos residents may see a reduction from last year’s property taxes heading into Fiscal Year (FY) 2023.
City staff proposed lowering the 60.30 cent property tax per $100 assessed property value to 59.30 cents at San Marcos City Council’s last 2022-2023 FY Proposed Budget meeting.
The proposal was not without its share of skepticism. Councilmember Shane Scott suggested that the opposite approach might be needed to keep up with future growth.
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