Page 3 - Microsoft Word - FY 2021 tax info sheet

Filed
Tarrant County Clerk's Office

Mary Louise Nicholson, County Clerk
2022-03-25 8:15:41 AM

As required by Section 102.007 of the Local Government

Code, the City of Keller is providing the following statement

on this cover page of its adopted budget:

This budget will raise more revenue from property taxes

than last year's budget by an amount of $123,754 which is
a 0.5 percent increase from last year’s budget. The property

tax revenue to be raised from new property added to the tax
roll this is $281,397.

The members of the governing body voted on the budget adoption as follows:

FOR: Mayor Armin Mizani, Mayor Pro Tem Sean Hicks, Shannon Dubberly, Sheri
Almond, Chris Whatley, Ross McMullin
AGAINST: None
PRESENT and not voting: None
ABSENT: Beckie Paquin

The Adopted Budget is based upon a tax rate of $0.3950

per $100 of valuation which is the same tax rate as FY
2020-21. The City has increased the homestead exemption

from 14% to 20%. Below is a breakdown of tax rates and
changes from FY 2018-19 to FY 2021-22.

Tax Rate
(Per $100) FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22
Adopted $0.413250 $0.39990 $0.39500 $0.39500
No New Revenue $0.413279 $0.401949 $0.417588 $0.40622

Voter-Approval $0.413302 $0.431064 $0.416278 $0.40626
Homestead 10% 12% 14% 20%
Exemption

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