Page 452 - Hurst FY20 Approved Budget
P. 452

NOTICE OF 2019 TAX YEAR

                APPROVED PROPERTY TAX RATE FOR


                                           CITY OF HURST



         A tax rate of $ 0.597299 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 2019-2020 operating budget and
         public hearing presentation.



                            APPROVED TAX RATE                     $ 0.597299   per $100
                            PRECEDING YEAR’S TAX                  $ 0.58           per $100
                            RATE EFFECTIVE TAX RATE               $ 0.544839   per $100

                            ROLLBACK TAX RATE                     $ 0.597299   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 2018 tax year and the 2019 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:


         Wendy Burgess

         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: August 27, 2019 @ 6:30 p.m. at Hurst City Hall, 1505 Precinct Line Rd, Hurst, Texas. Second

         Hearing: September 3, 2019 @ 5:00 p.m. at Hurst City Hall, 1505 Precinct Line Rd, Hurst, Texas.
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