The Fort Bend County MUD No. 46 is holding a public hearing on the proposed tax rate for the tax year 2024. The meeting is scheduled for September 24, 2024, at 11:00 am and will take place at Old Hickory Inn, 3334 FM 1092, No. 400, Missouri City, TX 77459.
Proposed Tax Rate Analysis
The proposed tax rate for 2024 is $0.400000 per $100 of value, a decrease from last year’s rate of $0.550000 per $100 of value, reflecting a 27.27% reduction. The impact on the average residence homestead is significant:
- Average Appraised Value: Increased from $350,983 to $382,637.
- Average Taxable Value: Increased from $315,885 to $344,373.
- Tax on Average Homestead: Reduced from $1,737.36 last year to $1,377.49 this year.
- Annual Decrease in Taxes: Homeowners could see a reduction of $359.87 or 20.71% if the proposed rate is adopted.
For more information about the proposed tax rates and how they may affect your property taxes, please refer to the official document or visit Texas.gov/PropertyTaxes to access your local property tax database.