Citing declining property values, water district maxes out 2020-21 tax rate at 3.5-cent cap
Hemphill County Underground Water District board members voted unanimously last week to raise the tax rate to 3.5-cents per $100 valuation for Fiscal Year 2020-21—a 25 percent increase over last year’s rate.
Revisiting key points from the board’s Sept. 8 discussion, the board debated two new tax rates proposed by General Manager Janet Guthrie: $0.029862 per $100 valuation, an 8 percent increase;…