With proposed property tax rate steady, average Lubbock Co. bill to increase
Your Lubbock County property tax payments are likely to go up next year. Commissioners blame unfunded mandates from the state and the need to enhance public safety.
Before they make the call, they need your input.
Commissioner Gilbert Flores wants to add four sheriff's deputies and have enough money left over to give other law officers a raise. The court appears to agree that cannot be done at the effective rate.
The effective tax rate generates the same revenue on properties on the appraisal rolls both last year and this year.
The current proposal would maintain the same property tax rate as last year, at 34.8086 cents per $100 valuation. This is higher than the effective rate, which is 33.9978 cents per $100 valuation.
If the current proposal is approved, homeowners would pay more, on average, because of appraisal values climbing. For a home valued at $150,000, it would be an increase of $13 for the year.
The commissioners court is also trying to plan for the future, reporting its coffers are well below where they should be.
Two public hearings are set for August 26 and September 3, both at 10:30 a.m. The final tax rate will be adopted September 9.