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Tuesday, November 5, 2024
80.9 F
McAllen
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Pharr Sees Increase in Property Tax Values

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Texas Border Business

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City Manager Ed Wylie announced that the City of Pharr Property Assessment Value for Tax Year 2020 saw an increase from $3.1 billion to $3.4 billion; an overall increase of 8.6% ($250 million dollars).

Wylie mentioned that the city’s goal of increasing the value has been met as a result of giving incentives for building residential subdivisions. “Our strategy has been working and we are proud to continue to see our city grow,” he added. 

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