Posted: Sep 11, 2013 4:05 PM by Andrew Ellison - firstname.lastname@example.org
Updated: Sep 11, 2013 7:02 PM
CORPUS CHRISTI - Your city property taxes are going up. The City Council approved a 10.6 percent tax increase in their meeting yesterday. That means your average homeowner will pay 10.6 percent more on their city property taxes this year.
The truth is that this tax hike was actually decided nearly a year ago when voters approved Bond Issue 2012. It was all spelled out in the bond language at the polls, many of the propositions came with tax increases.
Here are some of the propositions that came with hikes:
"The voters agreed to increase the tax rate by 1.8 cents," City Finance Director Constance Sanchez says.
The city added that property values are up this year, and that can also contribute to a tax increase.
The only bond proposition to not come with a tax hike was the streets proposition. The city uses other methods for streets like the street user fee.
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