Grayson County budget and tax rates Save Email Print
Posted: 10:55 PM Aug 7, 2008
Last Updated: 10:55 PM Aug 7, 2008
Reporter: Rashi Vats
Email Address: rashi.vats@kxii.com

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GRAYSON CO., TX -- Budget meetings have started across Texas and in Grayson County, and the tax collector has shown the estimates for Grayson County. So what does this mean for taxpayers?

During budget hearings this week, Grayson County Commissioners have considered the requests and are funding adjustments of each county department.

The Commissioner's Court is responsible for all the budgets which ultimately affects your tax rate, said Grayson County Judge, Drue Bynum.

Your tax rate is determined by the increase or decrease in county spending. The more money spent, the higher your taxes.

The good news is, Judge Bynum says it looks like the budgets for all county departments will remain the same this year, which means your taxes should too.

Tax Assessor John Ramsey has released the effective tax rate for 2009, and this year, property taxes should fall between $.44 and $.49 per $100 of property value.

This is the effective rate this year based on new evaluation and this is the maximum rate the governing body could adopt. Without the chance of having a rollback election, the effective tax rate has been posted which shows the minimum and maximum so the tax rate will come somewhere between there., said Ramsey.

After commissioners complete all the budget hearings, they will formulate a rate that will fund the tax portion of the budget.

I can pretty well tell you that we are not going to raise taxes. To do that there's a lot of work. Everybody comes in wanting certain things and having a lot of justifications. At the end of the day, it is the goal of this commission to not raise your tax rate at all, said Bynum.

That rate is expected to be released with the proposed budget on September 1, and a final budget expected to be adopted by commissioners by October 1.

Keep in mind, this isn't taking into account other taxing agencies in your area, for example schools and colleges. Your rate may differ depending on where you live in Grayson County, and your rate will also vary if you live outside of Grayson.

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Posted by: WE THE PEOPLE Location: GRAYSON COUNTY,TEXAS on Aug 8, 2008 at 11:00 AM
WHAT ABOUT LOWERING THE RATE HOUSING MARKET HAS DROP ANYWHERE FROM 8%TO 30% SO IS THE COUNTY STEALING MONEYS IN A FRUADULENT WAY BECUASE ITS NOT WORTH WHAT THEY ARE TAXING YOU FOR AND WILL BE SEVERAL YEARS BEFORE IT WILL BE WORTH WHAT YOU ARE BEING TAXED WHEN THE ECONOMY GETS TO GOOD THEY DONT MIND RUNNING THE AUDITURES ALL OVER RAISING YOUR PROPERTY VALUE AND NOW YOU PROPERTY VALUES DROP?WHERE IS THE BALANCE. I FEEL THE CITY SHOULD PAY ,IN THE EVENT YOU WANT TO SELL YOUR HOME THE REMANDING AMOUNT THAT YOU CANT GET, THAT THEY SAY YOUR HOUSE IS WORTH OR THE AMOUNT YOU GET TAXED FOR OR IS THERE NO COMPORMIZING WITH THE PEOPLE AND IF NOT THEN I THINK SOME PEOPLE IN CITY POSITION NEEDS A NEW JOB BECUASE WE DONT HAVE THE MONEY TO PAY YOUR INFLATED SALARIES .I WOULD LIKE A LIST PUBLISHED OF ALL THE SALARIES OF CITY OFFICIALS AND IT SHOULD BE PUBLIC INFORMATION I CHALLENGE YOU TO REPORT IT AS I WILL THE HERALD DEMOCRAT I THINK THE WAGES SHOULD BE RECONSIDERED OR MAYBE SOME HEAD HUNTING.

Posted by: Jeff Location: sherman on Aug 8, 2008 at 08:44 AM
If they get to high just move they can't tax who not living here !

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