AMARILLO, Texas (KAMR/KCIT) — Potter County commissioners are proposing a tax rate increase in order to reserve money for next year’s budget.
The seven cent increase would amount to about a $1.33 a month for a $100,000 home.
Judge Nancy Tanner said their goal is to inflate the rate more than they usually do to have a reserve for next year. She said this is due to the legislature placing a 3.5 percent cap that begins next year.
The second and final hearing on the proposed increase will be September 17 at 5:30 p.m.
If approved, the rate will be adopted on September 23.