Town of McAllen proposes lower property tax rate
Texas Border Affairs
As part of the proposed city budget of $630 million for fiscal year 2022-23, McAllen City Manager Roel “Roy” Rodriguez, P.E. recommended to Mayor Javier Villalobos and McAllen Town Commissioners a decrease significant property tax rate for McAllen taxpayers. 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.
“This McAllen property tax rate cut is important to our ratepayers because it will provide relief during this unprecedented time,” Rodriguez said. “It underscores even more to our taxpayers that we are still protecting them.”
“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 city infrastructure. It also speaks to the strength of our retail sales tax revenues, which allows us to recommend a lower property tax rate,” concluded Rodriguez.
Mayor 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,” said Mayor Villalobos.
The recommendation was made as part of the presentation at the first of six budget workshops scheduled to take place throughout August. Director Rodriguez presented the financial and strategic planning for the Town of McAllen. Other highlights of the proposed budget for fiscal year 2022-23 include more than $278 million in capital infrastructure improvements that include much-needed drainage projects; support the current municipal workforce; and maintain the city’s first-class quality of life. Funding for the expansion of cargo facilities at the Anzalduas port of entry, to help the bridge develop into a fully fledged commercial international crossing, is also included in the budget.
The public hearing on the proposed tax rate will be held on Monday, September 12, 2022 at 5:00 p.m. at McAllen City Hall, 1300 W. Houston Ave or via Zoom.
Follow the link below for a related story on McAllen Tax Relief: