McAllen proposes lower property tax rate

MCALLEN, Texas (ValleyCentral) – The City of McAllen announced, as part of a proposed $630 million municipal budget for the 2022-2023 fiscal year, a significant decrease in the property tax rate for ratepayers.

According to the city, the proposed recommendation lowers the property tax rate from $0.4956 per $100 of assessment to $0.4799 per $100 of assessment. This means savings for taxpayers, in a year that faces unforeseen challenges.

“McAllen consistently has one of the lowest property tax rates in the Rio Grande Valley and this is due to our strong fiscal responsibility and management of how we develop and grow the projects, programs, services and infrastructure in the city,” said McAllen City Manager Roel Rodriguez. .

Mayor Javier Villalobos said he was pleased with the recommendations included in the budget, particularly that it included a property tax cut for taxpayers.

“I was confident that the Town of McAllen leadership team would craft a solid plan, which would not only prioritize public safety and capital improvement projects, but would advance quality of life and investment. economic, but would also include a reduced property tax rate, providing relief for taxpayers,” the mayor said.

The city added that other highlights of the proposed budget for the 2022-23 fiscal year include more than $278 million in capital infrastructure improvements, including much-needed drainage projects and maintaining the workforce. current municipal work.

Funding for the expansion of cargo facilities at the Anzalduas port of entry, to help the bridge develop into a full commercial international crossing, is also included in the budget, the city said.

The public hearing on the proposed tax rate will be held September 12 at 5 p.m. at McAllen City Hall or via Zoom.

Penny D. Jackson