Recently, the Kingsville City Commission passed a budget on Sept. 14 that appeared to approve a 2.42 percent ad valorem property tax increase. However, City Manager Mark McLauglin is proud to point out the 2020-21 budget actually has a small effective tax decrease. It will allow the City to implement numerous projects--including many beautification ones--looking into 2020-21. On Monday, McLaughlin explained the tax decrease and shared projects that will be taking place this budget year and in coming years.
McLaughlin discussed the different budgets that occur in various categories and departments in the fiscal year 2020-21. McLauglin said the 2020-21 budget is actually a .0096 percent decrease over the current budget. Currently the adopted tax rate is 0.85304 per 100 valuation, and the city has decreased it to 0.85208 per 100 valuation in the coming budget year, which starts October 1.