Texas Border Business
Cameron County Judge Eddie Treviño, Jr., and the Cameron County Commissioners adopted the Fiscal Year (FY) 2024-2025 budget includes a property tax rate reduction, from.431893 to .426893, or a half cent reduction over the previous year. This is the second consecutive year the Cameron County Commissioners’ Court has decreased the property tax rate by a half cent which directly benefits all property owners in Cameron County.
In addition, the Commissioners’ Court approved and adopted an upgraded compensation package totaling approximately $5.9 million for Cameron County employees and retirees, which include:
• 5% salary increase for all full-time employees
Increased County retirement contribution from 200% to 250%, the maximum allowed
• 3% cost of living adjustment for all current retirees
• Approved a new “tiered health insurance plan” which decreases the monthly insurance premium for PPO plan users and increases the annual deductible, out-of-pocket maximum and ER/Hospital coinsurance benefits for ACO plan users
“This year’s budget approval is one that consolidates the sentiment of the Commissioners’ Court. We’re giving back to our hardworking and dedicated employees and reducing the property tax rate for all property owners in Cameron County. For employees, we have allocated a 5% across-the-board salary increase, increased contributions to the employee’s retirement from 200% to 250%, we’ve budgeted for a 3% cost of living adjustment for all active retirees, and we’ve approved a new health insurance plan that benefits all employees with lower monthly premiums and increased benefits provided under the plan. For property owners in Cameron County, we have decreased the tax rate by a half cent for the second consecutive year,” stated Cameron County Judge Eddie Treviño, Jr.
The 2024-2025 fiscal year begins October 1, 2024.
