Horseshoe Bay property owners will face a slightly lower tax rate next year but that doesn’t mean their tax bills will go down.
Horseshoe Bay City Council members on Sept. 19 approved the final fiscal year 2023-2024 tax rate at 26.775 cents per $100 property valuation, a slight decrease from the current 27 cents.
That’s because the city will actually get more income from the lower tax rate due…