The Hays County Commissioners Court held a public hearing Tuesday to discuss the new tax rate for the Fiscal Year 2021 budget.
The proposed rate in the new budget is 42.12 cents per every $100 of taxable property and will generate around $3.5 million in revenue for the county. The new rate is a slight reduction from fiscal year 2020’s rate of 42.37 cents.
While the rate is slightly lower than last year’s, the county will be generating more revenue this year, partly because of increased property values and new county property.
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