Tyler City Council adopts property tax hike, budget for 2011 - KLTV.com - Tyler, Longview, Jacksonville |ETX News

Tyler City Council adopts property tax hike, budget for 2011

TYLER, TX (KLTV) -

TYLER, TX (KLTV) - Wednesday morning, Tyler city council members unanimously voted to adopt next year's proposed budget.

Residents will not see any tax increases but they will see some fees for certain special services go up.

The more than $93,000,000 budget is almost $5,000,000 less than what the city had to work with in 2010.

"We've all just stepped up and done our part to make it through this economic downturn that we faced so it's very exciting that we have the support of our employees and they've been there with us all the way," said Mayor Barbara Bass.

Mayor Bass says the overall budget does include a 2% increase in sales tax revenue based on the latest set of data.

The 2011 budget includes a new property tax rate. The adopted budget will maintain the existing "effective tax rate" which means property taxes will increase - going from last year's 20.4 cents per $100 valuation to 20.8 cents per $100 valuation for 2011. The effective tax rate is the tax rate calculated to generate the same amount of revenue that was received in the last fiscal year.

Several job openings with the city will also remain frozen.


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