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Home owners in the City of Copperas Cove can expect to see an increase in the taxable values of their properties.
According to a Tax Payer Impact Statement released by the city, the average homestead in the city will see an annual tax increase of $53.36. The County Appraisal Districts said that amounts to a taxable value increase of 5.84%. While homeowners will experience a slight bump in taxes, the overall city property tax rate will remain the same at $0.7865 per $100 of valuation.
The city’s fee schedule went into effect Oct. 1 and it includes a comprehensive list of utility rate changes, building and development fees, and a host of other fees that will be charged by the city.
The total sales tax rate, which includes city and state taxes, stands at 8.25%, according to the city’s website.
The City of Copperas Cove fee schedule is available online.