WAXAHACHIE – Ellis County Commissioners Court has approved the proposed fiscal year 2024 budget and the adoption of the Ellis County property tax rate for tax year 2023 (fiscal year 2024).
The motion, “This budget will raise more total property taxes than last year’s budget by $9,550,833.
“That is equal to a percentage increase of 13.57% and the tax revenue to be raised from new property added to the tax roll this year $4,963,031” passed unanimously.
The adoption of the Ellis County property tax rate for tax year 2023 (fiscal year 2024) passed unanimously as well: “I move that the property tax rate be increased by the adoption of a tax rate of .272532, which is effectively an 8.2% proposed tax rate, it exceeds the no new revenue rate by 8.24%. The tax rate includes a maintenance and operation rate of .242477 and interest and sinking tax rate of .0100385 and a farm to market lateral road tax rate of .019670.”
“I am optimistic about the direction of Ellis County and the leadership and vision provided by our Ellis County Commissioners’ Court,” said Ellis County Judge Todd Little.
“Through their willingness to negotiate and deliberate, we have created a budget that effectively balances the needs of our departments and prepares the position of our county for future growth.”
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