The Harris County Water Control & Improvement District No. 116 will hold a public hearing on the proposed tax rate for the 2024 tax year. Below are the details of the meeting:
- Date: October 14, 2024
- Time: 3:00 PM
- Location: 5300 Coral Gables, Houston, Texas 77069
Tax Rate Analysis
The proposed tax rate for 2024 is $0.2550 per $100 of value, down from last year’s rate of $0.2620, reflecting a decrease of $0.0070 per $100 of value or -2.67%.
The average appraised value of a residence homestead has increased from $349,975 to $376,328, leading to a rise in the average tax amount from $916.93 to $959.64.
This represents an annual increase of $42.70, or 4.66%, in the taxes on an average residence homestead.
Additional Information
If the district adopts a combined tax rate that results in taxes on the average residence homestead increasing by more than eight percent, qualified voters can petition for an election to reduce the rate to the voter-approval tax rate under Section 49.23603 of the Water Code.
For more detailed information about the proposed tax rate and its impact on your property taxes, please refer to the full document. You can also visit Texas.gov/PropertyTaxes to access your local property tax database, which provides further details about your property taxes and scheduled public hearings.