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Commissioners Adopt New County Budget and Tax Rate
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Brownwood News
At Monday’s meeting of the Brown County Commissioners Court, approval was given to a new County budget and a new County Ad Valorem tax rate.
The total of the three is $0.49482 per $100 valuation, which the Commissioners approved as the total ad valorem tax rate.
The new tax rate is an increase of 4.83% over the current ad valorem tax rate of $0.4720.
The new tax rate times the new homestead value will produce an average ad valorem tax of $936, an increase of 11.29% over the current average tax of $841.
The total ad valorem tax levy on all properties in Brown County will be $20,118,520, an increase of 6.42% over this year’s total tax levy of $18,903,509.
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