Page 571 - Hurst FY19 Approved Budget

NOTICE OF 2018 TAX YEAR

APPROVED PROPERTY TAX RATE FOR

CITY OF HURST

A tax rate of $ 0.58 per $100 valuation has been approved for adoption by the governing
body of the City of Hurst. This rate exceeds the lower of the effective or rollback tax rate,
and state law requires that two public hearings be held by the governing body before
adopting the approved tax rate.

The governing body of City of Hurst proposes to use revenue attributable to the tax
rate increase for the purpose of providing services as presented in the City of Hurst’s
approved 2018-2019 operating budget and public hearing presentation.

APPROVED TAX RATE $0.58 per $100
PRECEDING YEAR’S TAX RATE $0.58094 per $100
EFFECTIVE TAX RATE $0.552995 per $100
ROLLBACK TAX RATE $0.586350 per $100

The effective tax rate is the total tax rate needed to raise the same amount of property
tax revenue for the City of Hurst from the same properties in both the 2017 tax year and
the 2018 tax year.

The rollback tax rate is the highest tax rate that the City of Hurst may adopt before
voters are entitled to petition for an election to limit the rate that may be approved to
the rollback rate.

YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE
CALCULATED AS FOLLOWS:
property tax amount = ( rate ) x ( taxable value of your property ) / 100

For assistance or detailed information about tax calculations, please contact:
Ron Wright
Tarrant County tax assessor-collector
100 E. Weatherford Street, Fort Worth, Texas 76196
817-884-1100
taxoffice@tarrantcounty.com
http://www.tarrantcounty.com/etax/site/default.asp

You are urged to attend and express your views at the following public hearings on the
Approved tax rate:
First Hearing: Second Hearing:
August 28, 2018 @ 6:30 p.m. September 4, 2018 @ 5:00 p.m.
Hurst City Hall Hurst City Hall
1505 Precinct Line Rd 1505 Precinct Line Rd
Hurst, Texas. Hurst, Texas.

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