McAllen proposes property tax rate decrease

MCALLEN, Texas (ValleyCentral) — On Thursday evening, the City of McAllen held one of its first workshops to discuss the city’s budget for the coming fiscal year.

One of the most significant items discussed was a proposed decrease on the property tax rate decrease.

McAllen City Manager Roy Rodriguez made the recommendation for the property tax reduction as he said it is much needed as people continue to face rising costs.

The proposed budget of $652 million aims to lower the property tax rate from $0.457285 per $100 valuation to $0.449989 per $100 valuation.

This will be the third consecutive year that the City of McAllen City Commission has lowered the property tax rate.

Rodriguez says the decrease is possible thanks to the city’s rapid recovery from the effects of the pandemic.

“When we recovered, year after year, we were seeing phenomenal increases in the economy, in construction and in sales tax revenue," Rodriguez said. "And, so if you're seeing that, then we have a duty to provide relief to the citizens.”