Council takes first step toward reducing property taxes in city

Lufkin’s City Council took its first step Monday toward reducing property taxes for homeowners living within the city limits.

Due to increasing property values, the average home value is rising from $172,667 to $198,140, according to a presentation by city manager Kevin Gee. The average taxable value will increase from $164,520 to $180,858 — and a tax bill that is $85.72 higher.

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