The Mexico City Council has voted to set the local tax rate for the 2020 fiscal year at their meeting Monday night.
The tax rate will be 43.10 cents per $100 of assessed valuation.
The increase is less a penny more than the 2019 rate.
The money accrued from the taxes is divided up into three categories: general fund which will receive $682,989, Parks and Recreation will receive $156,406 and Public Health will receive $312,971 for a total collection of an estimated $1,152,366.
Since 2012, there has only been a less than 2 cent tax increase within the city.
The council also decided on a cost sharing sidewalk project at 220 West Jackson.
The total cost of the project is estimated to be just over $23 thousand and will be shared with Robert and Helen Fenlon, the property owners.