City of College Station property values increased 11.41% in 2017. The proposed 2018 ad valorem tax rate is 49.7500 cents per $100 of assessed value, up from 47.2500 cents in 2017. This represents an annual tax increase of $106.48 and monthly increase of $8.87 for a home valued at $200,000. Two public hearings on the proposed rate will be held in August and September, with final adoption scheduled for September 25.

1. 2017 AD VALOREM TAX2017 AD VALOREM TAX
RATE PUBLIC HEARINGRATE PUBLIC HEARING
City of College Station

2. VALUATIONSVALUATIONS
Total Property Values - City of College Station
2016 Value 2017 Value Increase %
$ 7,990,467,263 $ 8,901,678,045 $ 911,210,782 11.41%

3. VALUATIONSVALUATIONS
New and Existing Property Values – City of College
Station
2018 Value
Existing Value $ 502,641,879
New Value $ 408,568,903
Total Increase $ 911,210,782

4. AD VALOREM TAX RATEAD VALOREM TAX RATE
FY17 Change FY18
Debt Service Fund 19.5339 2.5000 22.0339
General Fund 27.7161 0.0000 27.7161
TOTAL TAX RATE 47.2500 2.5000 49.7500
Council voted to hold public hearings on tax rate of 49.7500 cents
FY18
Effective Tax Rate 44.4262
Rollback Tax Rate 51.7358

5. AD VALOREM TAX RATEAD VALOREM TAX RATE
Home Value:
$200,000 Tax Rate
Annual City
Taxes
Annual
Increase
Monthly
Increase
Effective Tax Rate 44.4262 $888.52 $0.00 $0.00
Current Tax Rate 47.2500 $945.00 $56.48 $4.70
Proposed Tax Rate 49.7500 $995.00 $50.00 $4.17
Overall Increase $106.48 $8.87

6. TAX RATE HISTORYTAX RATE HISTORY
Property Tax Value and Rate Info
Fiscal
Year Property Values Tax Rate Rate Type
FY 2008 4,545,717,448 0.439400
FY 2009 5,024,154,213 0.439400
FY 2010 5,391,382,080 0.439400
FY 2011 5,455,432,461 0.447543 Effective
FY 2012 5,738,615,002 0.437995 Effective
FY 2013 5,944,312,987 0.430687 Effective
FY 2014 6,231,119,010 0.425958 Effective
FY 2015 6,654,600,834 0.452500
FY 2016 7,141,358,749 0.452500
FY 2017 7,990,467,263 0.472500
FY 2018 8,902,090,555 0.497500 Proposed

7. TAX RATE COMPARISONTAX RATE COMPARISON

8. TAX RATE ADOPTIONTAX RATE ADOPTION
CALENDARCALENDAR
Wednesday, August 30Wednesday, August 30thth
• Hold 1st Public Hearing on Tax RateHold 1st Public Hearing on Tax Rate
Monday, September 11Monday, September 11thth
• Hold 2nd Public Hearing on Tax RateHold 2nd Public Hearing on Tax Rate
Monday, September 25Monday, September 25thth
• Adoption of Tax RateAdoption of Tax Rate
 Hold Public Hearing
 Announce date, time and place of vote on tax rate
• Monday, September 25th
• 7:00 PM, City Hall Council Chambers
REQUIRED ACTIONSREQUIRED ACTIONS