• August 31, 2014

Coryell County proposes tax rate, budget

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Posted: Tuesday, August 13, 2013 10:36 am | Updated: 5:05 pm, Tue Feb 11, 2014.

GATESVILLE – Coryell County commissioners on Tuesday proposed a 2013 tax rate equal to last year’s rate – 44.9 cents per $100 property valuation – and a 2014 budget trimmed to ensure a 25 percent reserve.

The commissioners’ court was unanimous on the proposed tax rate, but split 3-2 on the budget that has $11.7 million in general fund revenues and $12.8 million in expenditures.

The general fund will begin the year with a $4.2 million fund balance.

Commissioners Don Jones and Jack Wall joined County Judge John Firth in support of the budget. Commissioners Daren Moore and Justin Latham voted against the proposal.

Like last year, the budget provides 2 cents of property tax for capital improvement funds earmarked for construction of a new jail by 2017.

Details of the budget will be available to the public Monday, Aug. 19, on the county website and in the offices of the county clerk and county judge in Gatesville and Copperas Cove.

After several public hearings, the commissioners will take a final vote on the budget and tax rate on Sept. 16.

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