FY2020-2021 Budget

Creating a budget and adopting a property tax rate to support that budget are major functions of a taxing unit's governing body. This is accomplished by following truth-in-taxation requirements to ensure the public is informed of any increases. Truth-in-taxation is a concept embodied in the Texas Constitution that requires local taxing units to make taxpayers aware of tax rate proposals and to afford taxpayers the opportunity to roll back or limit tax increases. Property owners have the right to know about increases in their properties' appraised value and to be notified of the estimated taxes that could result from the new value.

This page has been developed to inform and encourage input from the community on the annual budget. Interested residents are encouraged to attend the budget meetings.

Creating a budget and adopting a property tax rate to support that budget are major functions of a taxing unit's governing body. This is accomplished by following truth-in-taxation requirements to ensure the public is informed of any increases. Truth-in-taxation is a concept embodied in the Texas Constitution that requires local taxing units to make taxpayers aware of tax rate proposals and to afford taxpayers the opportunity to roll back or limit tax increases. Property owners have the right to know about increases in their properties' appraised value and to be notified of the estimated taxes that could result from the new value.

This page has been developed to inform and encourage input from the community on the annual budget. Interested residents are encouraged to attend the budget meetings.

Guest Book

Please submit suggestions or questions for the upcoming budget. Submissions will be reviewed by staff and communicated to the City Council.
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I want to see a REAL tax CUT! Revenue from property taxes has increased from 9.5 million in 2016 to a projected 13 million in 2020. That’s a 9% increase per year. I doubt that many of your constituents saw a 9% increase in their paychecks each of the past 4 years. Let’s start with a 10 million budget (from property taxes). Fund those things that cities are supposed to provide (Fire, limited police, infrastructure) then prioritize the goodies like parks & recreation, tree planting, etc. If you run out of money before you get to the end of the list so be it. There are some who shoulder the burden of your tax who have month left over at the end of the money.

Mikey0255 4 months ago

I feel that the city tax burden should not constantly go up for senior citizens over the age of 65. We have supported Corinth from 30 to 50 years. It’s time for the city to give us a break. Please freeze our taxes the same as the school board and county government does.

Jrb 4 months ago

I also support a tax freeze, but I would have a hard time agreeing to any tax increases. I moved to Corinth 5 years ago, although I enjoy the area, due to taxes and the unbelievable water cost, I am considering moving.

Pringener 9 months ago

I support a tax freeze on all homes completely or partially owned by anyone 65 years of age or older. I bought my first house at the age of 26 and have been paying property taxes for 39 years. It's time for someone else to absorb any further rate increases. Perhaps people won't be so quick to vote in favor a of rate hike of it inordinately affects them.

RodeHawg97 10 months ago

Would like to see SERIOUS consideration of a property tax freeze for Senior Citizens or at the very least an increase to the exemption amount. I am a widow and now also retired so taxes combined with insurance are a majority of my monthly savings budget. Also, the Senior Citizen discount for the City of Corinth Water bill is a JOKE. The only item I save on is garbage pickup and that is the least expensive item on the bill. You need to implement a senior discount on the water portion, if at least for the summer months. It is not a fair thought that I would have to let my lawn burn up to keep my water affordable.

Denise 10 months ago

I take steps to secure my small trailer so it is not an eyesore and am located in a non HOA community. Neither you or the City should determine what "luxury" items I may possess and in terms of considering "true cost of owning such items", no ordinance or code prohibited possession or required the storage of these items offsite at the time of purchase so to suggest based on your current view that our planning and calculation for owning is flawed, is an asinine assessment.If you want to control every aspect of peoples lives, create a new community with those rules or stick with an HOA and leave the rest of us alone.

Chek 10 months ago

Implementation of Boat & RV storage plan and enforcement. Flood Control. About the Boat and RV storage: This items upon purchase are considered "luxury" items. Owners of these items should have considered the true cost of owning such before littering our city, turning neighborhoods into trailer parks diminishing the property value of others

Unknown 10 months ago