HCDE Board Lowers Property Tax Rate as ‘Good Stewards for Taxpayers’Leave a comment
September 23, 2019 by HCDE Communications
With the welfare of county taxpayers in mind, Harris County Department of Education’s Board of Trustees voted for a fifth consecutive year to lower its tax rate.
Fiscal accountability continues to be top of mind as HCDE trustees adopted the 2019 tax rate of $0.0050 in a vote of four to three. While the rate is lower than the 2018 rate of $.005190, it will support the FY 2020 adopted budget and will produce more revenue than last year, due to rising property values.
“HCDE continues to be good stewards of taxpayer dollars for the citizens of Harris County,” said James Colbert Jr., Harris County school superintendent.
For a home valued at $150,000, the adopted rate of $0.0050 means the taxpayer will pay HCDE $7.50 a year. For a home valued at $250,000, the tax bill will be $12.50 annually.
HCDE benefits school districts and the community at-large by providing wraparound services which include adult education, special schools, school-based therapy services, Head Start and afterschool programming.