Montgomery County commissioners approved a slightly lower proposed property tax rate for fiscal year 2025-26, with a final vote scheduled for September following a public hearing.
On August 14, Montgomery County commissioners reached a unanimous decision to endorse a proposed property tax rate of $0.3779 per $100 valuation for the upcoming 2025-26 fiscal year, marking a modest reduction from the prior rate.
The suggested amount has decreased from the FY 2024–25 rate of $0.3790, yet it continues to exceed the county’s no-new-revenue rate of $0.3693. The no-new-revenue rate signifies the threshold at which the county would gather an equivalent amount of property tax revenue compared to the prior year, taking into account fluctuations in property values.
Budget Officer Amanda Carter informed commissioners that the anticipated rate is projected to yield approximately $291.3 million in overall revenue. County leaders announced that the funding will address the growing demands in law enforcement, enhance road infrastructure, and bolster various county services, as Montgomery County witnesses ongoing population growth.
The recent vote follows the county's decision to increase its tax rate last year, marking the first adjustment in five years. Officials highlighted that the suggested rate for 2025-26 aims to align service needs with the goal of providing relief to taxpayers.
As the process unfolds, the next phase will involve essential public notifications and hearings before a final decision is made. On September 5, at the Alan B. Sadler Building located at 501 N. Thompson St. in Conroe, commissioners are set to conduct a public hearing followed by a decisive vote regarding the proposed tax rate.
The proposed rate, if approved, is set to be implemented at the beginning of the 2025-26 fiscal year.
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