City of Glen Rose
Fiscal Year 2023-2024 Budget
Adopted September 12, 2023
The City of Glen Rose has adopted a budget that will raise more revenue from property taxes than last year's budget by an amount of $52,199, which is a 7.16% increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $29,683.
The members of the governing body voted on the budget as follows:
FOR: George Freas, Candace Scholz, Richard Bruning, Demetra Conrad, TJ Walker
AGAINST: None
PRESENT and not voting: None
ABSENT: None
Property Tax Rate Comparison
| 2023-2024 | 2022-2023 | |
| Property Tax Rate | $0.2778 per $100 valuation | $0.3063 per $100 valuation |
| No New Revenue Tax Rate | $0.2676 per $100 valuation | $0.2764 per $100 valuation |
|
No New Revenue Maintenance and Operations Tax Rate |
$0.2704 per $100 valuation | $0.2764 per $100 valuation |
| Voter Approval Tax Rate | $0.2788 per $100 valuation | $0.3062 per $100 valuation |
| Debt Rate | $0.00 per $100 valuation | $0.00 per $100 valuation |
Total debt obligation for the City of Glen Rose secured by property taxes: $0.00
Your taxes owed under any of the tax rates mentioned above can be calculated as follows:
Property tax amount = (tax rate x taxable value of your property) / 100
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.