The “average” Brownwood homeowner will pay slightly less in city property taxes but will pay more for water, sewer and sanitation services if council members approve proposed rates for the 2007-’08 fiscal year, according to information from City Finance Director Walter Middleton’s office.
Council members will discuss setting the tax rate at 74.52 cents per $100 valuation Tuesday and consider ordinances on first readings to set the tax rate, utility rate and charges for fees, rentals, licenses and permits.
The average homeowner’s city property tax bill will decrease by $15, from $508 to $493, while utility bills will increase by $4.87 a month.
The proposed tax rate is a 5.7 percent reduction from the current rate of 78.99 cents.
The average taxable value of a Brownwood residence increased by 3 percent, from $64,274 to $66,223.
Under the proposed utility rate ordinance:
The average residential account uses 10 units per month of water and will see a $3.30 a month increase in water rates. The average residential account uses eight units a month of sewer and will see a sewer rate increase of 72 cents a month. Sanitation rates will increase 76 cents a month.
The water consumption rate will increase by 1.5 percent, or 3 cents, to cover a 7 cent increase in the cost of treated water from the Brown County Water Improvement District. The rate will increase from $1.99 per 100 cubic foot to $2.02.
The water base rate for a regular residential meter will increase by $3, from $17.95 to $20.95 a month.
The increase is necessary to fund increased bond payments for water district improvements, Middleton said.
Sewer rates will increase by 3.3 percent to cover the increased costs of fuel and materials.
Sanitation rates will increase by 4 percent. The increase is needed to cover the increased costs of fuel and parts, city officials said.