Press Release from Wilco's Public Information Office
August 5, 2020 (Williamson County, Texas) – On Tuesday, August 4, the Williamson County Commissioners Court unanimously approved a proposed maximum total tax rate not to exceed $0.458719. This is the same as the county’s current total tax rate. The proposed maximum total tax rate is comprised of the General Fund, Road and Bridge Fund, and Debt Service Fund tax rates. A public hearing will be held on August 25, at 10:15 a.m., to allow county residents to express their opinions before the final tax rate for tax year 2020 is adopted.
The Commissioners Court also unanimously accepted the recommended budgets for the three funds. The recommended FY21 General Fund budget is $218,940,100, a decrease of approximately 1%. The recommended FY 21 Road and Bridge Fund budget is $44,576,568, a decrease of approximately 1.06%. The recommended FY 21 Debt Service Fund budget is $126,845,915 and includes $25 million for debt defeasance to pay down debt early.