Lamar County commissioners will hold the final public meeting to discuss the proposed 2016-17 fiscal year budget and tax rate at 5:30 p.m. Thursday.
Commissioners will discuss and possibly adopt the proposed .4066 effective tax rate for the upcoming fiscal year, a one percent decrease compared with the current tax rate of .4275.
The commissioners will also discuss and possibly adopt the property tax increase reflected in the proposed 2016-17 budget, which will raise property taxes by one percent compared with last year’s budget.
Of that amount, $163,789 is tax revenue to be raised from new property added to the tax roll this year.
The amount of revenue and percentage increase in revenue are based on the proposed budget. These figures are subject to increase, or decrease, depending on the actions taken during the special meeting Thursday.
In other business, commissioners are expected to approve a resolution authorizing the submission of an application o the Texas Department of Agriculture for a Texas Community Development Block Grant for Disaster Relief.
The meeting will be held at the Lamar County Courthouse, located at 119 N Main Street.
Editor’s Note: You can view the meeting’s agenda here.