Flood control seeks tax rate increase for aging infrastructure
Flood control seeks tax rate increase for aging infrastructure
Source: Community Impact NE Houston
Date: 10/17/2024 8:00am
Article Summary:
Harris County Flood Control District Seeks Tax Rate Increase for Aging Infrastructure: Residents to Vote on Funding Proposition at Nov. 5 Election
Harris County Flood Control District officials are seeking a tax rate increase to address aging infrastructure and deferred maintenance projects, with nearly 40% of infrastructure having less than 10 years left and at least 35% needing repairs in the next 20 years. The proposed tax rate of $0.04897 per $100 of valuation would provide an additional $113 million for critical maintenance projects and staffing needs if approved by voters in the upcoming Nov. 5 election. Residents would see an average increase of $60 per year in annual taxes if the measure passes, according to the Office of Management and Budget.
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Date: 10/17/2024 8:00am
Article Summary:
Harris County Flood Control District Seeks Tax Rate Increase for Aging Infrastructure: Residents to Vote on Funding Proposition at Nov. 5 Election
Harris County Flood Control District officials are seeking a tax rate increase to address aging infrastructure and deferred maintenance projects, with nearly 40% of infrastructure having less than 10 years left and at least 35% needing repairs in the next 20 years. The proposed tax rate of $0.04897 per $100 of valuation would provide an additional $113 million for critical maintenance projects and staffing needs if approved by voters in the upcoming Nov. 5 election. Residents would see an average increase of $60 per year in annual taxes if the measure passes, according to the Office of Management and Budget.
Read article here »