2025-O-178
An Ordinance of the City of Laredo, providing for the adoption of a tax rate of $0.506090 per $100 of value for Tax Year 2025. This tax rate will have a Maintenance and Operation Rate of $0.377599 per $100.00 of value and an Interest and Sinking Fund Rate of $0.128491 per $100.00 of value for the levy and the collection of General and Special Ad Valorem taxes for the City of Laredo in the amount of $134,248,550 for Tax Year 2025 and Fiscal Year 2025-2026. The taxpayer impact statement as required by House Bill No. 1522 is as follows: FISCAL YEAR FISCAL YEAR 2024-2025 2025-2026 DESCRIPTION CURRENT YEAR PROPOSED ------------------------------------------------------------------------------------------- Total Tax Rate (per $100 of value) $0.507623 $0.506090 Median Homestead Taxable Value $182,335 $194,727 Tax on Median Homestead $925.57 $985.49
- Committee
- City Council - Supplemental Agenda
- Introduced
- August 18, 2025
- On agenda
- September 15, 2025
- Passed
- September 15, 2025
Where it was heard
City Council - Supplemental AgendaWatch Laredo
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