Free Notice of Tax Revenue Increase - Texas

50-198 (Rev. 04-08/6)

of Tax Revenue Increase
(name of taxing unit) The _______________________________________________ (date of first hearing) conducted public hearings on ___________ and (date of second hearing) ___________ on a proposal to increase the total tax revenues of the (name of taxing unit) _____________________________________________________ from properties on the tax roll in the preceding year (percentage) by ________ percent .

Notice

The total tax revenue raised last year at last year's tax rate (tax rate for the preceding year) of ____________________ for each $100 of taxable value was (total amount of taxes imposed for the preceding year) __________________________. The total tax revenue proposed to be raised this year at the (proposed tax rate) proposed tax rate of ______________ for each $100 of taxable value, excluding tax revenue to be raised from new property added to the tax roll this year, is ______________________________ .
(insert amount computed by multiplying proposed tax rate by the difference between current total value and new property value.)

The total tax revenue proposed to be raised this year at the (proposed tax rate) proposed tax rate of ________________ for each $100 of taxable value, including tax revenue to be raised from new property added to the tax roll this year, is _______________________________ .
(insert amount computed by multiplying proposed tax rate by current total value.) (governing body of the taxing unit) The _______________________________________________ is scheduled to vote on the tax rate that will result in that tax (date of meeting) increase at a public meeting to be held on __________________ at __________________________________ at _____________ . (location of meeting, including mailing address) (time of meeting)