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HomeFrench NewsProposed Paris funds comes with decrease tax charge; increased taxes | Information

Proposed Paris funds comes with decrease tax charge; increased taxes | Information



A metropolis funds for fiscal yr 2022-23 proposed final week by Paris Metropolis Supervisor Grayson Path comes with a tax improve for native property homeowners due to rising property values however with a 1-cent discount within the tax charge, the bottom in recent times.

The proposed tax charge of 44.278 cents per $100 valuation is down from the 45.373 charge in 2021 and complies with the Texas Property Tax Reform and Transparency Act of 2019 that restricts upkeep and operations tax progress to three.5 % a yr.  The upkeep and operations tax levy is budgeted to stay flat at $8.030 million.

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