Page 103 - HurstFY23AnnualBudget
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APPROVED BUDGET FISCAL YEAR 2022-2023






                                                  TOTAL TAX BURDEN

               Ad valorem tax rates levied by the City comprise only a small portion of total property taxes
               levied. The county, school district and two special districts also levy property taxes to fund their
               operations. Three school districts are located in the City of Hurst with the Hurst-Euless-Bedford
               (HEB) School district serving the vast majority of residents. Tarrant County, the Tarrant County
               College, and the Tarrant County Hospital District also levy taxes on all taxable property in the City
               of Hurst. The graph and table below show the amount of ad valorem tax and their relative size
               levied by each entity per $100 of assessed value.


                                               OVERLAPPING TAX RATES


                                                                        City of Hurst

                                            11%
                                                      22%               HEB ISD
                                       11%


                                      6%                                TCC

                                                                        County Hospital District

                                                  50%
                                                                        Tarrant County




               The table below illustrates the total ad-valorem tax rate for properties in the City for the 2022
               Tax Year. According to TAD, all taxing entities adopted a lower rate than last year. All other rates
               remain the same as the previous year. Some 90% of Hurst residents are served by either HEB or
               Birdville school districts; they are used in the chart below.

                                            RATES PER $100 OF ASSESSED VALUE
                                                   Fiscal Year 2022-2023

                          City of Hurst                                                $   0.614043
                          HEB ISD                                                      $   1.109800
                          Tarrant County College                                       $   0.130170
                          Hospital                                                     $   0.224429
                          Tarrant County                                               $   0.224000
                          TOTAL                                                        $   2.302442
                       * Hurst residents may also reside in the Birdville Independent School District and the Grapevine/
                       Colleyville Independent School District. Source: Tarrant County Appraisal District Website:
                       https://www.tad.org/resources/rates.php





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