The CORNERSTONES M.U.D. will hold a public hearing on a proposed tax rate for the tax year 2018 on October 15, 2018 at 5:30 p.m. at 805 Hidden Canyon Rd., Katy, TX 77450. Your individual taxes may increase or decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

FOR the proposal: Morgan Stagg, Michael D. Chittwood, Lionel A. Garza, Jr. Stephen A. Talecki
AGAINST the proposal: None
PRESENT and not voting: None
ABSENT: Virgina P. Lester

The following table compares taxes on an average residence homestead in this taxing unit last year to taxes proposed on the average residence homestead this year.

Notice of Taxpayers’ Right to Rollback Election

If taxes on the average residence homestead increase by more than eight percent, the qualified voters of the district by petition may require that an election be held to determine whether to reduce the operation and maintenance tax rate to the rollback tax rate under Section 49.236(d), Water Code.

Bob Leared Interests 713-932-9011