Horseshoe Bay adopts new tax rate, 2021 budget

  • Horseshoe Bay city leaders adopted thhe same tax rate and passed a budget at their Sept. 15 regular meeting. Kelly McDuffie/Contributing Photographer
    Horseshoe Bay city leaders adopted thhe same tax rate and passed a budget at their Sept. 15 regular meeting. Kelly McDuffie/Contributing Photographer
The Horseshoe Bay City Council unanimously adopted a property tax rate of 27 cents per $100 valuation for fiscal year 2021 during their regular meeting Tuesday, Sept. 15. Council members also unanimously adopted a total fiscal year 2021 budget with revenues of $24,214,000 and expenditures of $24,117,222. The tax rate adopted Tuesday is the same as last year’s tax rate and is comprised of a rate…

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