Mexico’s taxes are increasing slightly, but the difference is less than a penny. The city of Mexico set its property tax rate for the 2026 Property Tax Levy following a public hearing during the Aug. 24 city council meeting. Council approved the proposed rate of $0.7679 per $100 of assessed valuation — a $0.0088 increase from the 2025 rate. “The 2026 assessed value for the year has been set at $185,475,275,” Vicki Duenke, City of Mexico finance …