Court Order 2024-TAX-01Howard County (Howard County)

FY 2024-2025 Ad Valorem Tax Rate Adoption

Bastiat Overreach Score: 42/100

Cost to Citizens: ~$14,500,000

Passed: 2024-09-18 • Effective: 2024-10-01

Executive Summary & Impact

Annual legislative act of Howard County levying and adopting the ad valorem tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) for fiscal year 2024.

Official Legal Text & Codified Sections

AN ORDINANCE / COURT ORDER OF HOWARD COUNTY ADOPTING THE TAX RATE AND LEVYING TAXES FOR THE USE AND SUPPORT OF THE GOVERNMENT OF SAID JURISDICTION FOR TAX YEAR 2024.

BE IT ENACTED BY THE GOVERNING BODY:
Section 1. There is hereby levied and adopted an ad valorem property tax rate on all taxable real and personal property within Howard County.
Section 2. Total Tax Rate: $0.4850 per $100 taxable valuation (M&O: $0.3800, Debt/I&S: $0.1050).
Section 3. This tax rate will raise more taxes for maintenance and operations than last year's tax rate.