City of Weslaco Proposes Lower Property Tax Rate for FY 2026–2027
· Texas Border Business
The City of Weslaco has proposed a property tax rate of $0.6678 per $100 of taxable property value for the Fiscal Year 2026–2027, which is nearly two cents lower than last year's rate of $0.6867. This represents about a 3% reduction and aligns with the No-New-Revenue Tax Rate aimed at maintaining consistent revenue from existing properties. The city’s budget for FY 2027 includes a 2% cost-of-living raise for employees and funding for essential services, while also addressing capital needs with approximately $2.5 million allocated. Property tax bills may vary based on individual property values and rates from other entities.
AI summary · Source: Texas Border Business →
