A tax rate of $0.495600 per $100 valuation has been proposed by the governing body of the City of McAllen.
PROPOSED TAX RATE
$0.495600 per $100
NO-NEW-REVENUE TAX RATE
$0.473627 per $100
VOTER-APPROVAL TAX RATE
$0.507015 per $100
The no-new-revenue tax rate is the tax rate for the 2021 tax year that will raise the same amount of property tax revenue for City of McAllen from the same properties in both the 2020 tax year and the 2021 tax year.
The voter-approval rate is the highest tax rate that City of McAllen may adopt without holding an election to seek voter approval of the rate.
The proposed tax rate ...