The Howe City Council will conduct a Public Hearing tonight to receive public input on the proposed 2015 Ad Valorem Tax rate of $0.510487 per $100 valuation for the purpose of maintenance and operations, and a rate of $0.179513 on each $100 valuation of property for the purpose of principal and interest on bonds and certificates of obligation. The Council will vote on the tax rate, at the regularly scheduled council meeting, on September 15, 2015 at 6:00 p.m. at 700 W. Haning Street, Howe, Texas.
Tonight’s hearing will take place at the Community Center at 700 W. Haning St. in Howe at 6:00 p.m.
The new budget will take effect on October 1 and the combined tax rate of $0.69 is the same as in 2014-15. The city lowered the tax rate from $0.70 from 2013-14.
