Finance & Revenue
Valley Morning Star decalres that Hidalgo county’s 59 cent tax rate per $100 valuation is among the highest for populous counties in Texas. This November it’ll go higher. A proposition to fund a county hospital district seeks to add 8 cents to the total property tax rate. To address this high rate, Senator Hinojosa will be filing a local bill to lower the cap from 75 cents to 25 cents.
“State Sen. Juan “Chuy” Hinojosa, D-McAllen, published in Saturday’s Monitor a notice of intent to file a local bill lowering the cap to 25 cents per $100 of valuation.” In reponse, McAllen’s mayor will not make any appointments to the hospital district board until the Hinjosa bill becomes law. [Valley Morning Star]
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