Public Hearing and Introductory Ordinance for the adoption of a tax rate of $0.507623 per $100.00 of value for Tax Year 2024. The tax rate will provide revenue for the general fund and debt service. The rate includes $0.396888 per $100.00 of value for Maintenance and Operation and $0.110735 per $100.00 of value for Interest and Sinking Fund of the Debt Service and is estimated to generate a tax levy of $120,850,126. The City Council is scheduled to vote on the tax rate on September 16, 2024, at 5:30 P.M. at City of Laredo, City Hall Chambers, 1110 Houston St., Laredo, Texas 78040.

Committee

Special City Council

Requested by

Tax

Introduced

August 15, 2024

On agenda

September 11, 2024

Passed

September 11, 2024

Where it was heard

Special City Council Sep 11, 2024 approve Pass

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