Nocona Property Tax Rate Decreases

Nocona Property Tax Rate Decreases

Residents in Nocona will not have to worry about a property tax increase this year.

City officials told Newschannel 6 the approved tax rate of nearly .54 cents is less than last year.

This is good news for residents as well as the city.

Although the tax rate has gone down city officials said it's expected to generate the same amount of revenue.

City leaders said this is due to appraisals being up this year and new property being added.