2023 Tax Rate Notice

August 13, 2023

Dear LLWCID Members,

As required by the Texas Tax Code, the Lytle Lake Water Control and Improvement District will hold a meeting of the Board of Directors at 1:00 p.m. on Thursday, August 24, 2023, at 402 Cedar Street, Abilene, Texas 79601 to consider adopting a tax rate for tax year 2023-2024. The state mandated Water District Notice of Public Hearing on Tax Rate appears on the next page. Taxpayers or other residents of the District attending the meeting will be given the opportunity to address the Board regarding the proposed tax rate. The proposed tax rate is $.3650 per $100 of value. The proposed tax rate would increase total taxes in LLWCID by $8,980 The proposed tax rate is $.01 less than last year’s rate. However, the appraised value of District property increased 5.65% resulting in a tax increase. Based on these rates and values, taxes will increase on the average homestead value (as determined by the Central Appraisal District) by $50.46 – a 2.62% increase from last year. The recommended tax rate was determined by the District’s Board of Directors after a workshop to draft the annual budget for the District’s Fiscal Year beginning October 1, 2023 and ending September 30, 2024. The Board will vote on the budget at the August 24 Board meeting. In considering the budget and setting the tax rate, it has always been the priority of the Board of Directors to consider and balance the cost and expense of maintaining a safe, secure and beautiful lake environment against the financial burden which property taxes place upon the District’s taxpayers, both individually and collectively. Since 2010, the LLWCID tax rate has steadily decreased and is still the lowest rate in the City of Abilene. If you have any questions regarding this Notice of Public Hearing on Tax Rate, please call the District office at 325-690-0835 or email llwcid@llwcid.org.

Jim McCathren

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