By Kiah Collier
While appraisals and tax bills are on the rise, Harris County homeowners can take solace in the likelihood of a stable — although not decreasing — property tax rate for the coming tax year. At its annual mid-year review on Tuesday, Commissioners Court approved recommendations that included keeping the tax rate the same it’s been for years now — 62.998 cents for $100 of assessed value.
The five-member governing body has not raised the overall property tax rate since 1996 and, in fact, lowered it by a penny in 2007. Officials cited a rapidly growing population and increasing demand for services as the main reason not to cut the property tax rate again this year, despite a sizable boost in revenues from an expanding tax base. The tax levy will increase by 9.2 percent this year, according to information from the Harris County Appraisal District.