Notice of Public Hearing on Tax Rate – September 25, 2024

Bay Colony West Municipal Utility District will hold a public hearing to discuss the proposed tax rate for the 2024 tax year. This hearing is an important event for property owners to understand how the tax rate will impact their individual tax bills.

Meeting Details:

Tax Rate Analysis

The proposed tax rate for the 2024 tax year remains unchanged at $0.900000 per $100 of assessed value, identical to last year’s adopted rate. Despite the steady rate, the increase in average residence homestead value from $295,816 to $311,793 means that the average homeowner will see an increase in their annual tax bill.

Key Points:

  • Average Homestead Taxable Value: Increased from $295,816 last year to $311,793 this year.
  • Annual Tax Increase: If the proposed rate is adopted, the tax on an average homestead will increase by $143.80, which is a 5.40% increase compared to the previous year.

Important Considerations

Individual tax changes may vary depending on the assessed value of your property relative to other properties in the district. For more detailed information about the proposed tax rates and the impact on your taxes, you can visit Texas.gov/PropertyTaxes for a link to your local property tax database.

Find Out More

For a comprehensive breakdown of the proposed tax rate and its impact, please refer to the Notice of Public Hearing on Tax Rate document. This document provides a detailed comparison of last year’s and this year’s tax rates, exemption information, and your rights as a taxpayer.

Notice of Public Hearing on Tax Rate

The Bay Colony West Municipal Utility District will hold a public hearing on a proposed tax rate for the tax year 2022 on September 28, 2022 at Noon at Johnnie Arolfo Civic Center, 400 West Walker, League City, Texas 77573. Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the tax rate that is adopted and on the change in the taxable value of your property in relation to the change in taxable value of all other property. The change in the taxable value of your property in relation to the change in the taxable value of all other property determines the distribution of the tax burden among all property owners.

Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property

Click here to read the notice.