Despite “Getting Critical Things Done” in FY22-23, Aledo Remains Very Cost-Effective
White the City’s new tax rate has increased by over five cents from FY21-22, Aledo has maintained its status as one of the most cost-effective options among surrounding communities.
See the attached chart showing FY 2022-2023 property tax rates for Aledo in comparison to neighboring cities.
For an average Aledo home, valued at just over $345,000, the new tax rate would mean a tax bill increase of about $205. The City portion remains a relatively small percentage of property owners’ overall tax bill.
For more information about the City’s new budget, please see the previously posted Mayor’s video, visit www.aledotx.gov/budget or see the News and Notices item on the website homepage https://www.aledotx.gov/.../city-council-approves-fy-22..
Original source can be found here