Page 391 - Hurst Budget FY21
P. 391

The 86  Legislature modified the manner in which the voter-approval rate is calculated to limit
                     th
               the rate of growth of property taxes in the state.

               The following table compares the taxes imposed on the average residence homestead by the City
               of Hurst last year to the taxes proposed to be imposed on the average residence homestead by
               the City of Hurst this year.

                                                2019                    2020                  Change
                Total Tax Rate (per                 $0.597299              $0.625159     Increase of $0.027860
                $100 of value)                                                              per $100, or 4.66%
                Average homestead
                taxable value                        $161,078                $168,240        Increase of 4.45%
                Tax on average                                                              Increase of  $90, or
                homestead                                $962                  $1,052                  9.36%
                Total tax levy on all                                                   Increase of $1,007,911,
                properties                        $17,561,565             $18,569,476                or 5.74%


               For assistance with tax calculations, please contact the tax assessor for the City of Hurst at 817-
               884-1100 or taxoffice@tarrantcounty.com , or visit https://www.tarrantcounty.com/en/tax.html
               for more information.















































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