Notice of Public Hearing on Tax Rate – September 24, 2024

The Conroe Municipal Management District No. 1 will hold a public hearing to discuss the proposed tax rate for the 2024 tax year. This meeting is an important opportunity for residents to understand the potential impact of the proposed rate on their property taxes.

Analysis of the Proposed Tax Rate

The proposed tax rate for 2024 is $0.87000 per $100 of property value, which remains unchanged from last year’s rate. Although the rate is the same, the average appraised value of a residence homestead has increased slightly from $455,697.00 to $462,409.00.

Consequently, the average taxable value has risen from $395,742.00 to $410,026.00. As a result, the tax on an average residence homestead will increase from $3,442.96 to $3,567.23, an annual increase of $124.27 or 3.61%.

Impact on Property Owners

Your individual property tax may change depending on how your property’s value has changed in comparison to other properties within the district. This variance determines the overall distribution of the tax burden.

For more information on the proposed tax rate, its implications, and additional details, please refer to the complete document or visit Texas.gov/PropertyTaxes. If you have any questions or need further assistance, please contact the tax office at 281-482-0216.