Public Hearing on the City of Waxahachie Proposed Tax Rate for FY 2021

The public hearing for the City of Waxahachie’s tax rate will be on Tuesday, September 1, 2020 at 6:00 PM.

Here is a direct quote from the notice published in the 08/23/20 edition of the Waxahachie Sun newspaper.  “The proposed tax rate is greater than the No-New-Revenue tax rate. This means the CITY OF WAXAHACHIE is proposing to increase property taxes for the 2020 tax year.” This public hearing is your opportunity to voice your approval or dissent for the proposed tax rate of $0.66 per $100 valuation. 

There was a roll call vote to approve this proposed rate, but I voted against it because it should be at $0.64, if not at the No-New-Revenue rate of $0.6304.  Anything above $0.6304 is an increase in taxes over last year.  The $0.66 rate IS a decrease of 2 cents from the past several years where the rate was at $0.68, so I was excited about the promise of lowering the rate somewhat; however, I don’t believe the City should raise taxes on its residents at all this year, even if that means an extra +/- $35 per year per homestead. There are many who can no longer afford this because it’s gone up EVERY year for the last several years. That has a compounding effect over the time. 

I do want to ensure the financial stability of the City, and that is happening with an increase in sales tax revenue and taxes from new properties that would allow for more revenue, even if they adopted the No-New-Revenue tax rate of $0.6304 per $100 valuation. 

The whole point of this is to let you know about the public hearing and if you can’t make it to the public hearing, let your councilmembers know what you want for the tax rate.  Our contact information is here: http://www.waxahachie.com/government/city_council/index.php

Now is your opportunity to be heard.

Your Friendly Councilmember,

Melissa Olson
(text) 817-507-5162
molson@waxahachie.com
www.olsonfortexas.com