The Fort Bend County Municipal Utility District No. 149 (FBC MUD 149) will hold a public hearing on the proposed tax rate for the 2024 tax year. The hearing is scheduled for Monday, September 23, 2024, at 1:30 p.m. at 202 Century Square Blvd., Sugar Land, Texas 77478, and will also be available via videoconference on Microsoft Teams.
Key Details About the Proposed Tax Rate
Proposed Tax Rate: The proposed rate for 2024 is $0.335 per $100 of value, compared to last year’s rate of $0.375 per $100, reflecting a decrease of $0.040 per $100.
Impact on Average Homestead: The average appraised residence homestead value has increased from $490,759 to $560,180. Consequently, taxes on the average residence homestead are expected to increase slightly from $1,840.35 to $1,876.60, resulting in an annual increase of $36.25.
Taxpayer Rights
If the proposed combined debt service, operation, and maintenance tax rate increases taxes on the average homestead by more than 3.5%, an election will be held to approve the operation and maintenance tax rate, in accordance with Section 49.23602 of the Water Code.
How to Participate and Learn More
Your participation is encouraged, as the changes in the taxable value of your property relative to others will affect your tax rate. For more details on the proposed tax rate and to access your local property tax information, visit Texas.gov/PropertyTaxes.
For further information regarding the hearing, please refer to the official document or contact the tax office at (281) 499-1223.