City of Rockwall proposes lower tax rate in 2025 budget

City of Rockwall proposes lower tax rate in 2025 budget

ROCKWALL, TX (Aug. 20, 2024) –Rockwall City Manager Mary Smith is proposing a reduced tax rate of 24.745 cents per $100 of assessed value for the upcoming fiscal year, October 1, 2024, to September 30, 2025. This represents a decrease of 2.27 cents from the previous year, reflecting the City’s commitment to maintaining low taxes.

The budget process continues with a public hearing on Tuesday, September 3 at 6pm. City Council will consider adoption on the FY2025 budget on Monday, September 16.

Submitted press release by Kate Sitzenstatter, Public Information Officer, City of Rockwall