A tax rate of $0.634391 per $100 valuation has been proposed by the governing body of the City of Vidor.
NO-NEW-REVENUE TAX RATE $0.621610 per $100
VOTER-APPROVAL TAX RATE $0.634391 per $100
The no-new-revenue tax rate is the tax rate for the 2024 tax year that will raise the same amount of property tax revenue for the City of Vidor from the same properties in both the 2023 tax year and the 2024 tax year.
The voter-approval rate is the highest tax rate that the City of Vidor may adopt without holding an election to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that the City of Vidor is proposing to increase property taxes for the 2024 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON SEPTEMBER 12, 2024, AT 7:00 PM AT City of Vidor, City Hall, 1395 N. Main St. Vidor, Texas.
The proposed tax rate is not greater than the voter-approval tax rate. As a result, the City of Vidor is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the City of Vidor of the City of Vidor at their offices or by attending the public hearing mentioned above.
YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount= (tax rate) x (taxable value of your property)/100
Michael Thompson Jessica Barker
MiKayla Bourque Kathryn Weldon
AGAINST the proposal:
PRESENT and not voting:
ABSENT: Misty Songe, Mayor
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.
The following table compares the taxes imposed on the average residence homestead by the City of Vidor last year to the taxes proposed to be imposed on the average residence homestead by the City of Vidor this year.
2023 | 2024 | Change | |
Total tax rate (per $100 of value) | $0.653930 | $0.634391 | decrease of -0.019539 per $100, or -2.99% |
Average homestead taxable value | $99,246 | $104,241 | increase of 5.03% |
Tax on average homestead | $649.00 | $661.30 | increase of 12.30, or 1.90% |
Total tax levy on all properties | $3,109,992 | $3,200,937 | increase of 90,945, or 2.92% |
For assistance with tax calculations, please contact the tax assessor for the City of Vidor at 409-769-0064 or oguzman@co.orange.tx.us or visit www.co.orange.tx.us for more information.
Download your PDF copy below