Harris County Municipal Utility District 374’s Board of Directors voted on September 9, 2022, to lower property taxes to 63 cents from the current 71 cents per one hundred dollars taxable value.
HC 374 covers Phase 1 and Phase 11 of Cypress Creek Lakes. The reduction will still allow the district to maintain current facilities and operations.
The taxable value of each property is set by Harris County Appraisal District so the amount of reduction will vary for each property. This new rate will be reflected in the 2022 tax statements.