Government
BY ALEX REECE
Celina proposes lower property tax rate Residents can attend two public hearings on Celina’s proposed property tax rate and city budget for fiscal year 2024-25, which starts Oct. 1. In a nutshell Celina City Council members discussed the proposed budget and tax rate during an Aug. 13 meeting. Here’s a quick look at what is being considered: • $366.34 million total budget, including a $54.32 million general fund budget • $0.598168 per $100 valuation property tax rate The public hearings will be held during council’s 5 p.m., Sept. 10 meeting inside council chambers at 112 N. Colorado St., Celina. Budget breakdown The roughly $0.60 property tax rate is allocated
Prosper readies for future storms Meteorologists from the National Weather Service’s Fort Worth office presented the town’s fourth consecutive StormReady designation to Prosper’s Fire Rescue and Emergency Management team during a July 23 Town Council meeting. What it means The StormReady designation is a process and training opportunity to help com- munities understand how to get weather warnings out to residents and work with other jurisdictions and the National Weather Service. “You look at how you train and you edu- cate people for the next storm,” said Tom Bradshaw, the meteorologist in charge at the Fort Worth office. “There’s always going to be another storm.”
Celina's property tax rate per fiscal year* The city's proposed property tax rate is about $0.01 less than last year, according to budget documents. $0.70
$0.65
$0.65
$0.60 $0.55
$0.6
$0
*PER $100 VALUATION
SOURCE: CITY OF CELINA/COMMUNITY IMPACT
toward: • $0.287061 to maintenance and operations • $0.311107 to interest and sinking, which pays back the city’s bond debt Celina’s property tax rate has been steadily dropping for the past few years, and fiscal year 2024-25 is no exception—the proposed rate is around $0.01 less than the city’s FY 2023-24 rate of $0.612154 per $100 valuation.
Prosper budget discussions include lower tax rate Prosper residents can take part in a discussion on their town’s finances for the next fiscal year. The overview
Prosper’s property tax rate per fiscal year* Prosper’s proposed property tax rate for fiscal year 2024-25 is the first decrease since fiscal year 2020-21.
Here is a quick look at what will be discussed: • A $102.62 appropriations budget, including a $52.82 million general fund • A $0.505 per $100 valuation property tax rate Sorting out details The proposed tax rate would be the town’s lowest since FY 2006-07 if approved.
$0.55
$0.52
$0.5
$0.505
A public hearing to consider a new property tax rate and budget for fiscal year 2024-25 will take place during Prosper Town Council’s Sept. 10 meeting. The meeting will begin at 6:15 p.m. in council chambers at 250 W. First St., Prosper.
$0.45
$0
*PER $100 VALUATION
SOURCE: TOWN OF PROSPER/COMMUNITY IMPACT
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PROSPER - CELINA EDITION
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