Page 437 - N. Richland Hills General Budget

2020 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856

Line Additional Sales and Use Tax Worksheet Amount/Rate
36
55. 2020 voter-approval tax rate, unadjusted for sales tax. Enter the rate from Line 47 or 48, as applicable, of the Voter-Approval Tax Rate
Worksheet.
$ __________/$100
56. 2020 voter-approval tax rate, adjusted for sales tax. Subtract Line 52 from Line 55.
$ __________/$100
SECTION 4: Voter-Approval Rate Adjustment for Pollution Control
A taxing unit may raise its rate for M&O funds used to pay for a facility, device or method for the control of air, water or land pollution. This includes any land, structure, building,
installation, excavation, machinery, equipment or device that is used, constructed, acquired or installed wholly or partly to meet or exceed pollution control requirements. The
taxing unit’s expenses are those necessary to meet the requirements of a permit issued by the Texas Commission on Environmental Quality (TCEQ). The taxing unit must provide
the tax assessor with a copy of the TCEQ letter of determination that states the portion of the cost of the installation for pollution control.
This section should only be completed by a taxing unit that uses M&O funds to pay for a facility, device or method for the control of air, water or land pollution.

Line Voter-Approval Rate Adjustment for Pollution Control Requirements Worksheet Amount/Rate
57. Certified expenses from the Texas Commission on Environmental Quality (TCEQ). Enter the amount certified in the determination letter
37
38
from TCEQ. The taxing unit shall provide its tax assessor-collector with a copy of the letter. $ _____________
58. 2020 total taxable value. Enter the amount from Line 21 of the No-New-Revenue Tax Rate Worksheet. $ _____________

59. Additional rate for pollution control. Divide Line 57 by Line 58 and multiply by $100.
$ __________/$100
60. 2020 voter-approval tax rate, adjusted for pollution control. Add Line 59 to one of the following lines (as applicable): Line 47, Line 48
(counties) or Line 56 (taxing units with the additional sales tax).
$ __________/$100

SECTION 5: Voter-Approval Tax Rate Adjustment for Unused Increment Rate
39
The unused increment rate is the rate equal to the difference between the adopted tax rate and voter-approval tax rate before the unused increment rate for the prior three years. In
a year where a taxing unit adopts a rate by applying any portion of the unused increment rate, the unused increment rate for that year would be zero.
For each tax year before 2020, the difference between the adopted tax rate and voter-approval rate is considered zero, therefore the unused increment rate for 2020 is zero. 40
This section should only be completed by a taxing unit that does not meet the definition of a special taxing unit. 41
Line Unused Increment Rate Worksheet Amount/Rate

61. 2019 unused increment rate. Subtract the 2019 actual tax rate and the 2019 unused increment rate from the 2019 voter-approval tax rate. If
the number is less than zero, enter zero. If the year is prior to 2020, enter zero.
$ __________/$100
62. 2018 unused increment rate. Subtract the 2018 actual tax rate and the 2018 unused increment rate from the 2018 voter-approval tax rate. If
the number is less than zero, enter zero. If the year is prior to 2020, enter zero.
$ __________/$100
63. 2017 unused increment rate. Subtract the 2017 actual tax rate and the 2017 unused increment rate from the 2017 voter-approval tax rate. If
the number is less than zero, enter zero. If the year is prior to 2020, enter zero.
$ __________/$100
64. 2020 unused increment rate. Add Lines 61, 62 and 63.
$ __________/$100
65. 2020 voter-approval tax rate, adjusted for unused increment rate. Add Line 64 to one of the following lines (as applicable): Line 47, Line 48
(counties), Line 56 (taxing units with the additional sales tax) or Line 60 (taxing units with pollution control).
$ __________/$100

SECTION 6: De Minimis Rate
The de minimis rate is the rate equal to the sum of the no-new-revenue maintenance and operations rate, the rate that will raise $500,000, and the current debt rate for a taxing unit. 42
This section should only be completed by a taxing unit that is a municipality of less than 30,000 or a taxing unit that does not meet the definition of a special taxing unit. 43
Line De Minimis Rate Worksheet Amount/Rate
66. Adjusted 2020 NNR M&O tax rate. Enter the rate from Line 38 of the Voter-Approval Tax Rate Worksheet
$ __________/$100

37 Tex. Tax Code § 26.045(d)
38 Tex. Tax Code § 26.045(i)
39 Tex. Tax Code § 26.013(a)
40 Tex. Tax Code § 26.013(c)
41 Tex. Tax Code § 26.063(a)(1)
42 Tex. Tax Code § 26.012(8-a)
43 Tex. Tax Code § 26.063(a)(1)
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 7