• April 20, 2014

Cove City Council looks to increase property tax rate

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Posted: Wednesday, July 31, 2013 4:30 am

COPPERAS COVE — The City Council will vote on proposing a higher property tax rate Thursday as well as conduct its first public hearing on the city’s nearly $53 million 2013-2014 fiscal year budget.

On Tuesday, council members agreed to propose a property tax rate of 77.74 cents per $100 of assessed property valuation. The new figure is a 1.74 cents higher than this year’s property tax rate of 76 cents per $100 of property valuation but less than the original city staff recommendation of 78.93 cents.

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