City of Laredo, Texas

Financial Transparency

Tax Rates

CURRENT TAX RATES

 

PROPERTY TAX RATE

 

     The FY 2017 property tax rate for the City of Laredo is $0.637000 per $100 value.  This tax rate consists of the Maintenance and Operation rate of $0.494068 per $100 Taxable value and an Interest and sinking Rate of $0.142932 per $100 taxable value.

 

SALES AND USE TAX RATE

 

     The City of Laredo’s current sales tax rate is 8.25% and is allocated as follows:

 

          Webb County   0.50%

 

          Mass Transit    0.25%

 

          Sports Venue   0.25%

 

          City of Laredo   1.00%

 

          State of Texas   6.25%

 

          Total     8.25%

 

HOTEL OCCUPANCY TAX RATE

 

     The City of Laredo’s current hotel occupancy tax rate is 14.00%.  This rate consists of 7.00% City of Laredo; 1.00% Webb County; and 6.00% State of Texas.

Financial Services Department   1110 Houston St.   2nd Floor   Laredo, Texas   (956) 791-7425

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