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The original item was published from 8/25/2022 1:13:26 PM to 8/25/2022 1:14:47 PM.

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City of Allen Headline News

Posted on: August 25, 2022

[ARCHIVED] Public hearing dates set for 2022-2023 budget, tax rate

2022-23 Proposed Budget Book Cover

The public hearings for the proposed FY 2022-23 budget and tax rate have been set for the regular City Council meeting on Tuesday, Sept. 13 beginning at 7 p.m. at Allen City Hall, 305 Century Parkway.

Following the City Council’s budget workshop, the proposed budget decreases the City’s tax rate to $0.418914 per $100 of assessed property value. This rate is a reduction of $0.051 from the previous year’s tax rate of $0.470. At a property tax rate of $0.418914, the municipal tax paid on the average single-family residential home (valued at $433,972) will be $1,817.97.

The public hearing presentation will include an overview of the proposed budget and tax rate. The proposed budget can be viewed online along with additional information on the Truth in Taxation web page.

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