Does the City of Palmview receive the entire 8.25%?
No. The 8.25% sales tax is distributed among three separate entities as follows:
City of Palmview – 1.50%
Palmview Municipal Development District – 0.50%
State of Texas – 6.25%
Total Sales Tax Rate – 8.25%
The State of Texas is responsible for determining its sales tax percentage.
What is the City of Palmview total budget?
The City’s 2021-2022 annual budget is $
What is the city’s tax rate and who sets it?
The City’s 2021-2022 fiscal year tax rate is $0.5001 per $100 assessed valuation. City Charter states it is the responsibility of the City Council to set the tax rate. To calculate your city tax bill you must divide the taxable assessed valuation of your home by $100, and then multiply that figure by $0.5001. For example, John and Jane Citizen own a $27,262 home. Their city property tax portion is calculated as follows:
Taxable Assessed Valuation = $27,262
Divided by $100 = $272.62
Multiplied by $0.5001 = $136.34
$136.34 = Please note this is the City’s portion of your annual tax bill, not your total tax bill.
What is the sales tax rate in Palmview?
The sales tax rate in Palmview is 8.25%.
Where can I get a copy of the city’s budget?
Interested parties may review a copy of the City’s budget at our City Secretary, or Finance department offices.
The value of most property in Palmview is determined by the Hidalgo County Appraisal District, a separate governmental agency authorized by the Texas Legislature. The city does not set the value of your home.