Audits / Budgets / Tax Rates

Audits

The City’s Ad Valorem (property tax) Rate for Fiscal Year 2024 (tax year 2023) is $0.63763 per $100 of taxable assessed value.

Tax Year	Entity	Adopted Rate	M&O Rate (Operations)	I&S Rate (Debt)
2023	City of Jacksonville	$0.63763	$0.48741	$0.15022
2023	Cherokee County	0.35000	0.35000	0.00000
2023	Cherokee County Lateral Road	0.14000	0.14000	0.00000
2023	Jacksonville I.S.D.	1.06420	0.66920	0.39500
Total		$2.19183	$1.64661	$0.54522

	Tax Year 2022	Tax Year 2023	Change
Aggregated Tax Rate- Inside City Limits of Jacksonville	$2.45025	$2.19183	-10.55%
Average Homestead Taxable Value	126,586	140,054	10.64%
Tax on Average Homestead	$3,101.67	$3,069.75	$ (31.93)

The City’s Sales Tax Rate is currently 8.25%, which is allocated as follows:

Entity	% of Sales Tax
State of Texas	6.25%
City of Jacksonville	1.00%
Jacksonville Economic Development Corporation	0.50%
Cherokee County	0.50%
Total	8.25%

The City’s Hotel / Motel Occupancy Tax Rate is currently 15.00%, which is allocated as follows:

Entity	% of Occupancy Tax
State of Texas	6.00%
City of Jacksonville	7.00%
City of Jacksonville- Venue Tax (new February 2023)	2.00%
Total	15.00%