The CORNERSTONES M.U.D. will hold a public hearing on a proposed tax rate for the tax year 2020 on October 19, 2020 at 5:30 p.m. It is anticipated said meeting will be held via telephone and/or video conference pursuant to Texas Government Code, Section 551.125, as amended, and as modified by the Governor of Texas in the Governor’s proclamation concerning the Covid-19 pandemic.
Meeting access by Teleconference: 1-888-475-4499, Meeting ID: 986 5911 6374.
Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the tax rate that is adopted and on the change in the taxable value of your property in relation to the change in taxable value of all other property. The change in the taxable value of your property in relation to the change in the taxable value of all other property determines the distribution of the tax burden among all property owners.