Marble Falls eyes shaving pennies off 2021-22 tax rate

  • A six percent jump in appraised property values, attributed in part to developments like Gregg Ranch, is expected to work to the advantage of the city of Marble Falls, thus prompting the council to consider shaving nearly two cents off the tax rate. Connie Swinney/The Highlander
    A six percent jump in appraised property values, attributed in part to developments like Gregg Ranch, is expected to work to the advantage of the city of Marble Falls, thus prompting the council to consider shaving nearly two cents off the tax rate. Connie Swinney/The Highlander
Along with bringing the city property tax rate below 60 cents, Marble Falls city leaders are on task to potentially pass a 2021-22 fiscal year budget with added personnel, additional infrastructure projects and an increase in utility rates to offset debt. During the regular city council meeting Aug. 17, finance director Jeff Lazenby reviewed a proposed budget with total revenues of approximately…

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