Tarrant County commissioners are set to vote on a lower tax rate and smaller budget next month, with almost 70 county positions eliminated and changes in the way the county offers funding for people in need.
Commissioners are in charge of the county budget and property tax rate, and they heard proposals for both at a hearing Thursday morning. The county has focused on property tax relief in the past few budget cycles and have continued in this one.
The property tax rate
The county is suggesting a property tax rate of 18.62 cents per $100 valuation. That means the tax bill for the average home in Tarrant County — with a taxable value of about $277,000 — is expected to be about $516 a year.
Last year, it was a few dollars higher, at about $519, according to county data.
This is Republican Commissioner Matt Krause’s first budget cycle with the county, though he went through the process several times as a state legislator. He congratulated county staff for their work on the tax rate and the budget…