Form 50-212 Notice About ________ Tax Rates (current year) Property Tax Rates in ___________________________________________________________________________________ (taxing unit’s name) This notice concerns the ____________ property tax rates for _______________________________________________________. (current year) (taxing unit’s name) This notice provides information about two tax rates used in adopting the current tax year’s tax rate. The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value. Taxing units preferring to list the rates can expand this section to include an explanation of how these tax rates were calculated. This year’s no-new-revenue tax rate ............................................ $__________________/$100 This year’s voter-approval tax rate ............................................. $__________________/$100 To see the full calculations, please visit _______________________________ for a copy of the Tax Rate Calculation Worksheet. (website address) Unencumbered Fund Balances The following estimated balances will be left in the taxing unit’s accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation. Type of Fund Balance $ Current Year Debt Service The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable). Principal or Contract Payment Interest to be Paid From to be Paid From Other Amounts Total Description of Debt Property Taxes Property Taxes to be Paid Payment $ $ $ $ (expand as needed) Form developed by: Texas Comptroller of Public Accounts, Property Tax Assistance Division For additional copies, visit: comptroller.texas.gov/taxes/property-tax 50-212 • 05-22/19 |
Notice of Tax Rates Form 50-212 Total required for __________ debt service .................................................. $__________________________ (current year) – Amount (if any) paid from funds listed in unencumbered funds ................... $__________________________ – Amount (if any) paid from other resources ................................................... $__________________________ – Excess collections last year .......................................................................... $__________________________ = Total to be paid from taxes in __________ .......................................... (current year) $__________________________ + Amount added in anticipation that the taxing unit will collect only ___________% of its taxes in __________ ..................................... $__________________________ (collection rate) (current year) = Total Debt Levy ......................................................................................... $__________________________ Voter-Approval Tax Rate Adjustments State Criminal Justice Mandate The ___________________ County Auditor certifies that ___________________ County has spent $ ______________ (minus any amount (county name) (county name) (amount) received from state revenue for such costs) in the previous 12 months for the maintenance and operations cost of keeping inmates sentenced to the Texas Department of Criminal Justice. ____________________________ County Sheriff has provided ________________________ information on these costs, (county name) (county name) minus the state revenues received for the reimbursement of such costs. This increased the voter-approval tax rate by $ _________________ /$100. (amount of increase) Indigent Health Care Compensation Expenditures The ________________________________________ spent $ ____________ from July 1 ____________ to Jun 30 _____________ (county name) (amount) (prior year) (current year) on indigent health care compensation procedures at the increased minimum eligibility standards, less the amount of state assistance. For the current tax year, the amount of increase above last year’s enhanced indigent health care expenditures is $ ___________ . This increased the voter-approval tax rate by $ ________________________________ /$100. Indigent Defense Compensation Expenditures The _______________________________________ spent $ _______________________ from July 1 _________ to June 30 __________ (county name) (amount) (prior year) (current year) to provide appointed counsel for indigent individuals, less the amount of state grants received by the county. In the preceding year, the county spent $_______________ for indigent defense compensation expenditures. The amount of increase above last year’s indigent defense expenditures is (amount) $______________. This increased the voter-approval rate by $ ______________/$100 to recoup _____________________________________________. (amount of increase) (amount of increase) (use one phrase to complete sentence: the increased expenditures, or 5% more than the preceding year’s expenditures) For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 2 50-212 • 05-22/19 |
Notice of Tax Rates Form 50-212 Eligible County Hospital Expenditures The _________________________________________________ spent $ _______________________ from July 1 __________ to June 30 _________ (name of taxing unit) (amount) (prior year) (current year) on expenditures to maintain and operate an eligible county hospital. In the preceding year, the _______________________________________________ (taxing unit name) spent $ _________ for county hospital expenditures. For the current tax year, the amount of increase above last year’s expenditures is $______________ . This increased the voter-approval tax rate by ___________ /$100 to recoup _____________________________________________ . (amount of increase) (use one phrase to complete sentence: the increased expenditures, or 8% more than the preceding year’s expenditures) This notice contains a summary of the no-new-revenue and voter-approval calculations as certified by ___________________________________________________________________ . (designated individual’s name and position) (date) Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property. The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state. For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 3 |