Faced with a $2.6 million tax revenue shortfall, Conroe cuts his budget to avoid calling an election
The city of Conroe adjusted its 2023 budget by $305 million after learning that property tax revenue would be $2.6 million lower than originally forecast.
Additionally, the city faced lowering its tax rate from the current 43.75 cents per $100 of property assessment to the voter approval rate of 42.80 cents. The voter approval tax rate is a calculated maximum rate allowed by law without voter approval.
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