Page 390 - Hurst Budget FY21

NOTICE OF PUBLIC HEARING

ON TAX INCREASE

A tax rate of $0.625159 per $100 valuation has been proposed for adoption by the governing body

of the City of Hurst.

PROPOSED TAX RATE $ 0.625159 per $100

NO-NEW-REVENUE TAX RATE $ 0.606234 per $100

VOTER-APPROVAL TAX RATE $ 0.625159 per $100
The no-new-revenue tax rate for the 2020 tax year will raise the same amount of property tax
revenue for the City of Hurst from the same properties in both the 2019 tax year and the 2020 tax
year.

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

The proposed tax rate is greater than the no-new-revenue rate. This means that the City of Hurst
is proposing to increase property taxes for the 2020 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 12, 2020 at 6:30 PM
at the Hurst City Hall, 1505 Precinct Line Road, Hurst Texas. This meeting may be held virtually
utilizing procedures as authorized by the State of Texas.

The proposed tax rate is not greater than the voter-approval tax rate. As a result, the City of
Hurst 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 Office of the City Secretary of the City of Hurst at their offices or by attending the
public hearing mentioned above.

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 the proposal: Mayor Pro Tem Jon McKenzie, Councilmember Larry Kitchens, Councilmember
Cindy Shepard, Councilmember Cathy Thompson, Councilmember Bill McLendon,
Councilmember David Booe

AGAINST the proposal:

PRESENT and not voting: Mayor Henry Wilson

ABSENT:

378