HPWD Board Lowers 2020 Tax Rate, September 11, 2020
During their Sept. 8 meeting, the High Plains Underground Water Conservation District (HPWD) Board of Directors approved a resolution setting the 2020 ad valorem tax rate at $.0055 per $100 valuation for operation and maintenance of the district. The adopted 2020 tax rate is less than the no-new-revenue tax rate of $0.00604 per $100 valuation. Persons with $100,000 in property value will pay $5.50 in annual taxes to HPWD under the approved rate as compared to $6.30 in 2019. The HPWD 2021 fiscal year begins Oct. 1. "The HPWD Board of Directors have lowered the tax rate each year since 2014. It is our priority to have balanced annual budgets. This allows us to reduce the tax rate for operation of the district, while at the same time, improve services for constituents in our 16-county service area," said Board President Lynn Tate of Amarillo.
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