No one came to voice an opinion Tuesday about Grayson County’s proposed tax rate for 2020.
Grayson County commissioners held a public hearing on the matter but no one stood to address the issue.
Grayson County commissioners have proposed that the tax rate be .426429 per $100 valuation. Last year’s rate was .441810 per $100 valuation.
In previous meetings, Grayson County Judge Bill Magers has said that the tax rate cut will mean about $23.94 in savings on a $100,000 home in the county.
He also said that there has been a lot of talk this year about holding the line on taxes and on appraisal creep. This budget, he said, shows that they have lowered the tax rate by 16 percent over the past four years.
“We are actually lowering the rate faster than its creeping,” he said.
This marks several years in a row that the county has actually cut the tax rate including in 2019, and 2018, most recently.
The new rate will support a budget that includes giving county employees a 3.5 percent pay increase. It could also support up to $400,000 for repairs to the Loy Lake spillway and $400,000 to connect North Texas Regional Airport — Perrin Field to radar services.