Midland, Texas

Midland County proposes to lower property tax rates in the fiscal year 2012. Midland county commissioners proposed earlier this week to decrease the property tax rate for the upcoming year. They will vote on this proposed tax rate in September. This would definitely be another benefit to living in the Midland, TX area. Midland's economy is better than it has been in years.

 

If the proposed tax property rate decreases, it will decrease 6.4 percent. The current property tax rate is 0.211805. If the proposed rate passes for 2012 the property tax rate for 2012 will be 0.198207. Also, compared to the 2010 fiscal year, there has already been a $5 million increase.