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News

Large Industrial Facility on Deep Water Port to Close
Dec 17, 2019
Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, today announced that it will permanently close its Point Comfort alumina refinery in Texas.
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Fowler Appointed Chairman of TEDC
Oct 18, 2019
VEDC President Dale Fowler will lead the state association of economic development professionals as Chairman of the Texas Economic Development Council's Board of Directors in 2020.
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Two Years after Fire, Diamond Fiberglass Rises from Ashes
Jul 02, 2019
The company is one of fewer than 10 companies in the U.S. and Canada that have an American Society of Mechanical Engineers Reinforced Thermoset Plastic Corrosion-Resistant Equipment Certification and they recently shipped two newly fabricated 21½-foot fiberglass containers from the Port of Victoria, confirming the local manufacturer has not only returned but surpassed previous production milestones.
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Property Tax

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Texas has no state property tax. Local governments and special taxing districts levy taxes on real and tangible personal property. All property is appraised at full market value, and taxes are assessed by local county assessors on 100% of appraised value.

2017-2018 Property Tax Values
City of Victoria 0.5952
Victoria County Navigation District 0.0286
Victoria County Road and Bridge 0.0630
Victoria County 0.3329
The Victoria College 0.2170
Victoria ISD 1.2663
Victoria County Drainage District #3 0.0295
Victoria County Ground Water District 0.00843
Total 2.54093*
*Taxes are calculated at $100 valuation
Note: Some districts may not apply depending on location.