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Sep 02 2011

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South Padre Island raises property taxes

By SCARLET O’ROURKE
Staff Writer
editor@portisabelsouthpadre.com

The City Commission­ers and Mayor of South Padre Island unanimously voted yesterday, Aug. 31 to raise property taxes, but taxpayers should not see any significant chang­es to their net payments.

Taxable value last year was $2,510,996,414; however, this year the adjustable taxable value went down to $2,464,506,712. This, according to Beth Free, would have rendered the city $114,183 short of revenue compared to the previous year.

To see this story in print, pick up a copy of the Sept. 1 edition of the Port Isabel South Padre Press or check out our E-edition by clicking here.

 

Permanent link to this article: https://www.portisabelsouthpadre.com/2011/09/02/south-padre-island-raises-property-taxes/

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