August 26 - The Smith County Commissioners Court voted to approve the Fiscal Year 2015 County Budget today. The budget includes a slight tax rate increase from .323564 to .33, which is projected to generate $915,884 in additional revenue that will be dedicated solely to road projects. For the average-priced home of $144,817, the annual increase in County property taxes would be $9.36. Even with this slight increase, the Smith County property tax rate remains as one of the lowest in Texas. In fact, 226 counties out of 254 have tax rates higher than that of Smith County.