Free Water District Notice of Public Hearing on Tax Rate - Texas

Water District Notice of Public Hearing on Tax Rate
(name of the district) The_______________________________________________ will hold a public hearing on a (year of tax levy) (date and time) proposed tax rate for the tax year _______________ on ______________________________ (meeting place) at __________________________________________________________________. Your individual taxes may increase or decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

50-304 (6-04)

FOR the proposal: AGAINST the proposal: PRESENT and not voting: ABSENT:

(names of all members of the governing body and how each voted on the proposed tax rate)

The following table compares taxes on an average residence homestead in this taxing unit last year to taxes proposed on the average residence homestead this year. Total tax rate (per $100 of value) Difference in rates per $100 of value Percentage increase/decrease in rates(+/-) Average appraised value General exemptions available (excluding senior citizen's or disabled person's exemptions) Average taxable value Tax on average residence homestead Annual increase/decrease in taxes if proposed tax rate is adopted (+/-) and percentage of increase (+/-) Last Year _________/$100
Adopted

This Year _________/$100
Proposed

$ _______/$100 ________% $____________ $____________ $____________ $____________ $____________ $ __________ __________% $____________ $____________ $____________

If taxes on the average residence homestead increase by more than eight percent, the qualified voters of the district by petition may require that an election be held to determine whethertoreducetheoperationandmaintenancetaxratetotherollbacktaxrateunderSection 49.236(d),WaterCode.

NOTICE OF TAXPAYERS' RIGHT TO ROLLBACK ELECTION