Galveston County adopts budget, lowering tax rate for 7th consecutive year

Despite Hurricane Harvey devastating areas of the county, commissioners were able to successfully pass the Fiscal Year 2018 budget. In a 4-1 vote Galveston County Commissioners Court passed a budget that represents a 12.22% tax rate reduction over a seven year period. The county also continued its pattern of lowering overall debt and maintained an "AA+" rating from Fitch Ratings and an "Aaa" from Moody's Investors Services, Inc. on its general-obligation debt. In his letter to county officials, Chief Financial Officer David Delac attributed budget successes to sound fiscal leadership and a team effort that relied on the knowledge and expertise of individuals on all levels of county governmen