A property tax, millage tax is an ad valorem tax that an owner of real estate or other property pays on the value of the property being taxed. There are three species or types of property: Land, Improvements to Land (immovable man made things), and Personal (movable man made things). Real estate, real property or realty are all terms for the combination of land and improvements. The taxing authority requires and/or performs an appraisal of the monetary value of the property, and tax is assessed in proportion to that value. Forms of property tax used vary between countries and jurisdictions.
Let's compare our ad valorem tax with other villages, towns, and cities around us:
Bartlet: .58 cents
Holland: .62 cents
Nolanville: .51 cents
Belton: .64 cents
Temple: .56 cents
Killeen: .73 cents
Rogers: .82 cents
Troy: .41 cents
Morgan's Point: .63 cents
SALADO: .12 cents
If you had a choice between .12 cents (Salado) and .56 cents (Temple) or .64 cents (Belton) or .73 cents (Killeen); which community would you choose if you lived outside the city limits and had to make a choice?
Salado's .12cents is a great deal. Why not ask to become a part of our village? We would love to have you. If interested, please call the Village Municipal Building, 947-5060, and speak to Margaret. She will give you all the information needed.
Very Respectfully,
Skip
No comments:
Post a Comment