NOTICE OF PUBLIC HEARING ON CITY OF HITCHCOCK PROPOSED BUDGET FOR FY 2022
The City of Hitchcock will hold a Public Hearing on the City of Hitchcock Proposed Budget for FY 2021-2022 at the City of Hitchcock, City Hall, 7423 Highway 6, Hitchcock, TX 77563 on Monday, August 23, 2021, at 6:00 pm.
The following table compares the taxes imposed on the average residence homestead by the City of Hitchcock last year to the taxes proposed on the average residence homestead by the City of Hitchcock this year:
|
2020 |
2021 |
Change |
Total Tax Rate (per $100 of value) |
$0.550131 |
$0.530000 |
Decrease of $-0.020131, or -3.66% |
Average homestead taxable value |
$144,989 |
$159,656 |
Increase of $14,667, or 10.12% |
Tax on average homestead |
$797.63 |
$846.18 |
Increase of $48.55, or 6.09% |
Total tax levy on all properties |
$1,853,906 |
$2,234,801 |
Increase of $380,895, or 20.55% |
* Tax ceiling revenues are not included in the levy shown above.