| Item Title: | Tax Office - Accept the 2019 Effective & Rollback Tax Rates for El Paso County |
| Submitted By: | Ruben P. Gonzalez, Tax Assessor-Collector, County Tax Office (915) 771-2300 |
| Subject: | Accept the 2019 Effective and Rollback Tax Rates for El Paso County. Effective Tax Rate: $0.450682 /$100. Rollback Tax Rate: $0.488997 /$100. If El Paso County adopts a 2019 tax rate equal to the effective tax rate of $0.450682 per $100 of value, taxes would increase compared to 2018 taxes by $2,924,550. |
| Background: | In accordance with Section 26.05(d) of the Property Tax Code, a taxing unit is required to hold two (2) public hearings and publish newspaper ads before adopting a tax rate that exceeds the rollback rate or the effective tax rate, whichever is lower. |
| Fiscal Impact: | None |
| Recommendation: | Accept the 2019 Effective and Rollback Tax Rates for El Paso County:
Effective Tax Rate: $0. 450682 /$100 of value
Rollback Tax Rate: $0.488997 /$100 of value |
| Prior Action: | N/A |
| Strategic Plan: | .. |
| Strategic Plan Information: | |