![]() If property values rise, the effective tax rate goes down and vice versa.Īlthough the actual calculation can become more complicated, a taxing unit's effective tax rate is a calculated rate generally equal to the last year's taxes divided by the current taxable value of properties that were also on the tax roll last year. ![]() The effective tax rate is a calculated rate that would provide the taxing unit with about the same amount of revenue it received in the year before on properties taxed in both years. 2300 other taxing entities have kept their adopted rates above that level. While the Township has lowered our tax rates below the effective tax rate from. I am constantly being called about taxes going up and how The Woodlands Township needs to do something about it. You would think The Woodlands Township was taxing our residents out of their homes given all the recent rhetoric. ![]() All charts were produced by The Woodlands Township. Note: Several excerpts in this column are extracted from various governmental documents including the Texas Comptroller of Public Accounts and The Montgomery County Appraisal District. ![]()
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