Brownsville port property tax drops again

Brownsville port property tax drops again    Property taxes at the Port of Brownsville in Texas have decreased for the 18th consecutive year, according to the port authority.
   During the regularly scheduled monthly board meeting on Aug. 17, the port's board of commissioners set the Brownsville Navigation District's tax rate at 0.04683 per $100 of taxable valuation. The approximate 2.09 percent tax rate decrease will go into effect on Oct. 1.
   'Taxpayers will actually be paying less taxes today than they did in 1996 despite an increase in the value of homes in the District of 125 percent,' the port authority said. 'The decrease is consistent with the Brownsville Navigation District's continuous efforts to reduce ad valorem taxes.'