Decreased Tax Rate Proposed for Gregg County

LONGVIEW � Gregg County commissioners on Monday proposed decreasing the county�s 2011-12 tax rate by a quarter of a cent. Most homeowners� tax bills would remain the same, but the new rate is expected to generate more money for the county because of new property added to tax rolls in the past year, County Judge Bill Stoudt said. The 2010-11 tax rate of 26.75 cents would be dropped to 26.5 cents in 2011-12 if the court adopts it later this month. According to KETK and the Longview News-Journal, commissioners scheduled public hearings on the proposed rate at 9 a.m. Aug. 17 and Aug. 22.