NOTICE OF PUBLIC HEARING ON TAX INCREASE – 2021
Statements required in notice if the proposed tax rate exceeds the no-new-revenue tax rate and the voter-approval tax rate but does not exceed the de minimis rate, as prescribed by Tax Code §§26.06(b-1) and 26.063(c).
NOTICE OF PUBLIC HEARING ON TAX INCREASE
This notice only applies only to a taxing unit other than a special taxing unit or municipality with a population of less than 30,000, regardless of whether it is a special taxing unit.
A tax rate of $0.10 per $100 valuation has been proposed by the governing body of Blanco County Emergency Services District No. 2.
|PROPOSED TAX RATE||$ 0.10 per $100|
|NO-NEW-REVENUE TAX RATE||$ 0.0906 per $100|
|VOTER-APPROVAL TAX RATE||$ 0.0881 per $100|
|DE MINIMIS RATE||$ 0.1282 per $100|
The no-new-revenue tax rate is the tax rate for the 2021 tax year that will raise the same amount of property tax revenue for Blanco County Emergency Services District (ESD) No. 2 from the same properties in both the 2020 tax year and the 2021 tax year
The voter-approval rate is the highest tax rate that Blanco County ESD No. 2 may adopt without holding an election to seek voter approval of the rate, unless the de minimis rate for Blanco County ESD No. 2 exceeds the voter-approval rate for Blanco County ESD No. 2.
The de minimis rate is the rate equal to the sum of the no-new-revenue maintenance and operations rate for Blanco County ESD No. 2, the rate that will raise $500,000, and the current debt rate for Blanco County ESD No. 2.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that Blanco County ESD No. 2 is proposing to increase property taxes for the 2021 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON Monday, August 23, 2021; 3:00 PM at Blanco County ESD No.2 Meeting Room, 431 Blanco Ave., Blanco, TX 78606.
The proposed tax rate is greater than the voter-approval tax rate but not greater than the de minimis rate. However, the proposed tax rate exceeds the rate that allows voters to petition for an election under Section 26.075, Tax Code. If Blanco County ESD No. 2 adopts the proposed tax rate, the qualified voters of the Blanco County ESD No. 2 may petition the Blanco County ESD No. 2 to require an election to be held to determine whether to reduce the proposed tax rate. If a majority of the voters reject the proposed tax rate, the tax rate of the Blanco County ESD No. 2 will be the voter-approval tax rate of the Blanco County ESD No. 2.
YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount = (tax rate) x (taxable value of your property / 100
FOR the proposal: Ann Hall, Todd Rogers, Steve Scheffe, Lynne McKirdy, Carl Struck
AGAINST the proposal: None
PRESENT and not voting: None
The following table compares the taxes imposed on the average residence homestead by Blanco County ESD No. 2 last year to the taxes proposed to the be imposed on the average residence homestead by Blanco County ESD No. 2 this year.
|Total tax rate (per $100 of value)||$0.10 rate||$0.10 rate||Increase of $0.00 per $100, or 0%|
|Average homestead taxable value||$258,601||$ 280,576||Increase of $21,975 or 8.5%|
|Tax on average homestead||$259||$281||Increase of $22 or 8.5%|
|Total tax levy on all properties||$1,017,885||$1,174,438||Increase of $152,852 or 15%|