DeWitt County will probably hold its tax rate at the current level for the new fiscal year according to Monday’s public hearing at the courthouse.
Reviews of the proposed budget and tax rate were the key items at the meeting. The court agreed to meet Monday, Sept. 28, at 9 a.m. to adopt both. The new fiscal year starts Oct. 1.
County Judge Daryl Fowler covered the tax topic pointing out, for the first time in several years, total market values here declined.
Taxable values for 2015 were posted at $6 billion compared to the previous year’s $7 billion, a decline of $1 billion.
Most of that decline was in mineral values. Those values in 2014 were $6.5 billion and this year they dropped to $5.1 billion.
Read more in this week's edition of The Cuero Record or Yorktown News-View.