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The original item was published from 8/2/2022 1:45:54 PM to 8/2/2023 5:05:03 PM.

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Posted on: August 2, 2022

[ARCHIVED] Notice of Public Hearing on Tax Increase

NOTICE OF PUBLIC HEARING ON TAX INCREASE

A tax rate of $.7621 per $100 valuation has been proposed by the governing body of the City of Abilene.

PROPOSED TAX RATE $.7621 per $100

NO-NEW-REVENUE TAX RATE $.7115 per $100

VOTER-APPROVAL TAX RATE $.7876 per $100

The no-new-revenue tax rate is the tax rate for the 2022 tax year that will raise the same amount of property tax revenue for the City of Abilene from the same properties in both the 2021 tax year and the 2022 tax year.

The voter-approval rate is the highest tax rate that the City of Abilene may adopt without holding an election to seek voter approval of the rate.

The proposed tax rate is greater than the no-new-revenue tax rate. This means that the City of Abilene is proposing to increase property taxes for the 2022 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 11, 2022 at 8:30 a.m. at the Abilene City Hall Council Chambers, 555 Walnut Street.

The proposed tax rate is not greater than the voter-approval tax rate. As a result, the City of Abilene is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the City Council of the City of Abilene at their offices or by attending the public hearing mentioned above.

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: Mayor Anthony Williams, Councilman Weldon Hurt, Councilman Kyle McAlister, Councilwoman Donna Albus, Councilman Travis Craver, Councilman Shane Price, Councilman Lynn Beard

AGAINST the proposal: none

PRESENT and not voting: none

ABSENT: none


View full notice (PDF)


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.

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