Columns & Opinions

Milam County taxes and tax rates

Milam County taxes and tax rates

Thu, 08/22/2024 - 12:00am

This year we will drop the tax rate $0.0712 from 61.32 cents to 54.2 cents per $100 valuation and lowered overall taxes on existing properties by a little over $145,000. I know in years past folks in Milam County have heard that the county tax rate is going down and they still see a rise in their property taxes. There are several reasons for that, so I thought I would spend some column inches this week taking a deeper dive into your property taxes and how that tax money is broken down.

2025 Milam County budget numbers

2025 Milam County budget numbers

Thu, 08/15/2024 - 12:00am

The 2025 proposed budget is out on the county website for everyone to take a look. As always, the first question is what is the proposed tax rate? The good news is that the overall tax rate came down by over seven cents to a rate of $0.542 per hundred dollars for a drop of over seven cents, or 11.6% from last year. This move also brings us to a place where we are almost at the No-New-Revenue-Rate (NNR) only missing it by 1/1000th of a cent. The NNR Rate is the tax rate that raises an amount equal to last year’s tax revenue, which has been our goal since taking office.

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Rockdale Reporter

221 E. Cameron Ave
Rockdale, TX 76567
512-446-5838