City of San Antonio leaders are expected in the coming months to approve the same property tax rate for next year that it levied last year, 55.827 cents per $100 of taxable valuation, which would increase property tax bills for many.
Properties across the city have risen in valuation over the past few years as the region grows, meaning that the same tax rate would generate more revenue from city property owners.
Within the tax rate being considered, about 34 cents are earmarked for maintenance and operations, while 21 cents are for the city's debt service.
Sometimes, a taxing entity will lower its tax rate closer to the effective tax rate — the rate that would generate the same property tax revenue as the prior year. The effective tax rate for the city of San Antonio this year is 54.266 cents per $100 valuation.