City set to lower tax rate

With property values skyrocketing across the state, municipalities all over the Hill Country are having to reduce property tax rates to avoid a public election under state law. In Boerne, city staff is eyeing a tax rate of 45 cents per $100 of taxable value.

The tax rate recommended to the Boerne City Council by city staff Tuesday evening would bring the tax rate down just over 2 cents, but the recommended rate flies just under the voter-approval rate by eight-one-hundredths of a cent. The voter-approval rate is the cap set by state legislation. If a proposed rate exceeds the voter-approval rate, an election on the tax rate is triggered.