City council adopts tax rate, budget
Submitted by crecord2010 on
City of Cuero has adopted its tax rate and budget to start a new fiscal year. The council met in special session Sept. 17 for that purpose.
Council approved a tax of 32 cents per $100 of valuation. Last year’s tax rate was 30 cents.
Cuero’s budget for the new year will see total revenues of $32.7 million. A breakdown of that amount shows that $6.8 million will come from the general fund. The general fund receives revenue from property taxes, sales tax, licenses and permits, fines and fees and transfers from other funds.
Read more in this week's edition of the Record.
Rate this article: