General

Notice of Public Hearing on Tax Rate – October 3, 2024

The Brazoria County Municipal Utility District No. 03 will hold a public hearing on the proposed tax rate for the tax year 2024. Here are the details of the meeting:

Tax Rate Analysis

The proposed tax rate for 2024 is $0.33500 per $100 of value, a slight decrease from last year’s rate of $0.33700, reflecting a -0.59% change.

The average appraised value of a residence homestead has increased from $363,067 to $371,915. However, the general homestead exemption has decreased, affecting the average taxable value, which has increased from $326,471 to $354,561.

Consequently, the tax on an average residence homestead is proposed to increase from $1,100.21 to $1,187.78, an annual increase of $87.57 or 7.96%.

Additional Information

If the proposed combined tax rate results in taxes on the average residence homestead increasing by more than 8%, qualified voters may petition for an election to reduce the operation and maintenance tax rate to the voter-approval tax rate as per Section 49.23603 of the Water Code.

For more details and to better understand how this tax rate may impact your property taxes, please refer to the full document or visit the Texas Comptroller’s website at comptroller.texas.gov/taxes/property-tax. You can also access your local property tax database through Texas.gov/PropertyTaxes for information on your property taxes and scheduled public hearings.

Notice of Public Hearing on Tax Rate

The BRAZORIA COUNTY MUNICIPAL UTILITY DISTRICT NO. 03 will hold a public hearing on a proposed tax rate for the tax year 2022 on Thursday, September 1, 2022, at 12:00 p.m. at the office of Bacon, Wallace & Philbin, L.L.P., 6363 Woodway, Suite 800, Houston, Texas 77057. Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the tax rate that is adopted and on the change in the taxable value of your property in relation to the change in taxable value of all other property. The change in the taxable value of your property in relation to the change in the taxable value of all other property determines the distribution of the tax burden among all property owners.

Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.

Click here to read the notice.