HPWD lowers tax rate for next fiscal yearEllysa Harris October 7, 2022 0 COMMENTS
The High Plains Water District voted earlier this month to lower the ad valorem tax rate through the next fiscal year.
The rate is $0.004686/$100 valuation, which is an 8.5% decrease from last year.
Property valued at $100,000 will pay $4.69 in annual taxes to the district compared to $5.10 in the 2021 fiscal year, according to a news release from HPWD.
“The Board of Directors has lowered the tax rate yearly since 2014,” noted Board President Lynn Tate of Amarillo in a news release.
The next fiscal year for HPWD starts Oct. 1.
The HPWD serves a 16-county area including Hale, Floyd, Lamb, Bailey, Swisher, Castro, Lubbock, Crosby, Lynn, Hockley, Cochran, Parmer, Randall, Deaf Smith, Armstrong and Potter Counties.
Those interested in learning more about the HPWD tax rate can visit www.hpwd.org and click on the Tax Rate link.