The Cypress Creek Utility District (U.D.) will hold a public hearing regarding the proposed tax rate for the year 2024. The details of the meeting are as follows:
Date: October 10, 2024
Time: 6:00 P.M.
Location: 10643 Mills Walk Drive, Houston, TX 77070
This hearing will address the proposed tax rate changes, which could affect individual property taxes depending on the adopted rate and changes in taxable property values.
Tax Rate Analysis
The proposed tax rate for 2024 is $0.395 per $100 of property value, reflecting a 17.91% increase from last year’s rate of $0.335 per $100.
For the average residence homestead, appraised at $288,092, this results in an increase in annual taxes from $925.52 to $1,137.96, a difference of $212.44, or 22.95%.
However, no election is required for this proposed rate, as it remains under the voter-approval tax rate threshold.
Learn More
For more details, please refer to the official “Notice of Public Hearing on Tax Rate,” or visit Texas.gov/PropertyTaxes for further property tax information, including the proposed rates and additional hearings.