Assessor takes over area collections

Special to the PRESS

BROWNSVILLE—Laguna Madre districts have recently entrusted the office of Tony Yzaguirre, Jr. – Cameron County Tax Assessor-Collector to handle the assessment and collection of Ad Valorem taxes for the Point Isabel Independent School District, City of Port Isabel, City of South Padre Island, Town of Laguna Vista and the Laguna Madre Water District.

For the past 30 days the office has been working with the Laguna Madre taxing entities, and have approved inter-local governmental agreements signed that authorize the Tax Assessor-Collector’s Office to start collecting the Ad Valorem taxes for the taxing entities.

The additional Laguna Madre Districts raise the number of taxing jurisdictions the county collects for from 33, with a total levy of $207 million to 38 districts with a new total levy of approximately $258.5 million. Property in this area is valued at $10.2 billion, which represents $51.5 million in taxes that the tax office would be responsible for collecting for these five taxing entities.

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