Property in Navasota is becoming more valuable, so living here could be getting more expensive, as the City Council just proposed an increased in the property tax rate at its regular meeting Monday August 8th.
City Manager Brad Stafford told Council the proposed rate of 55.42¢ per $100 is to support the costs of proposed improvements to roads and utilities.
Stafford said the city’s effective tax rate (the rate that would give them the same amount of money as last year) is 51.54¢ per $100. But defended the increase, saying it is necessary if the city is going afford its infrastructure needs.
Then considering the cost, Councilman Geoff Horn asked just how much this would add onto residents bill, and Mayor-Protem Grant Holt answered, on a $100,000 home, about $39 more come tax.
If you have any opinions about the proposed tax increase, you can let City Council know about it at a public hearing at the next council meeting in Navasota City Hall at 6 Monday evening August 22nd.
