Page 228 - CITY OF AZLE, TEXAS

2023 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856
SECTION 5: Voter -Approval Tax Rate Adjustment for Unused Increment Rate
The unused increment rate is the rate equal to the difference between the adopted tax rate and voter-approval tax rate adjusted to remove the unused increment rate for the prior
39
three years. In a year where a taxing unit adopts a rate by applying any portion of the unused increment rate, the portion of the unused increment rate must be backed out of the
calculation for that year.
The difference between the adopted tax rate and adjusted voter-approval tax rate is considered zero in the following scenarios:
• a tax year before 2020; 40
• a tax year in which the municipality is a defunding municipality, as defined by Tax Code Section 26.0501(a); or
41
• after Jan. 1, 2022, a tax year in which the comptroller determines that the county implemented a budget reduction or reallocation described by Local Government Code
Section 120.002(a) without the required voter approval. 42
Individual components can be negative, but the overall rate would be the greater of zero or the calculated rate.
This section should only be completed by a taxing unit that does not meet the definition of a special taxing unit. 43

Line Unused Increment Rate Worksheet Amount/Rate
63. Year 3 component. Subtract the 2022 actual tax rate and the 2022 unused increment rate from the 2022 voter-approval tax rate.

0.6025340
A. Voter-approval tax rate ................................................................................ $ __________/$100
As applicable: Line 49, Line 50 (counties), Line 58 (taxing units with the additional sales tax) or Line 62 (taxing units with pollution
control)
0.0000000
B. Unused increment rate (Line 66). ....................................................................... $ __________/$100
0.6025340
C. Subtract B from A . .................................................................................... $ __________/$100
0.6234260
D. Adopted Tax Rate. ..................................................................................... $ __________/$100
-0.0208920
E. Subtract D from C. ..................................................................................... $ __________/$100
64. Year 2 component. Subtract the 2021 actual tax rate and the 2021 unused increment rate from the 2021 voter-approval tax rate.
0.6207330
A. Voter-approval tax rate ................................................................................ $ __________/$100
As applicable: Line 49, Line 50 (counties), Line 58 (taxing units with the additional sales tax) or Line 62 (taxing units with
pollution control)
0.0000000
B. Unused increment rate (Line 66). ....................................................................... $ __________/$100
0.6207330
C. Subtract B from A . .................................................................................... $ __________/$100
0.6461490
D. Adopted Tax Rate. ..................................................................................... $ __________/$100
-0.0254160
E. Subtract D from C. ..................................................................................... $ __________/$100
65. Year 1 component. Subtract the 2020 actual tax rate and the 2020 unused increment rate from the 2020 voter-approval tax rate.
A. Voter-approval tax rate ................................................................................ $ __________/$100
0.6482370
As applicable: Line 47, Line 50 (counties), Line 56 (taxing units with the additional sales tax) or Line 60 (taxing units with
pollution control)
0.0000000
B. Unused increment rate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ __________/$100
0.6482370
C. Subtract B from A . .................................................................................... $ __________/$100
0.6572040
D. Adopted Tax Rate. ..................................................................................... $ __________/$100
-0.0089670
E. Subtract D from C. ..................................................................................... $ __________/$100
66. 2023 unused increment rate. Add Lines 63E, 64E and 65E. $ __________/$100
0.0000000
67. Total 2023 voter-approval tax rate, including the unused increment rate. Add Line 66 to one of the following lines (as applicable): Line 49,
Line D49 (disaster), Line 50 (counties), Line 58 (taxing units with the additional sales tax) or Line 62 (taxing units with pollution control). 0.5535492
$ __________/$100

39 Tex. Tax Code §26.013(a)
40 Tex. Tax Code §26.013(c)
41 Tex. Tax Code §§26.0501(a) and (c)
42 Tex. Local Gov’t Code §120.007(d), effective Jan. 1, 2022
43 Tex. Tax Code §26.063(a)(1)
44 Tex. Tax Code §26.012(8-a)
45 Tex. Tax Code §26.063(a)(1)

For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 8
City of Azle FY 2023-2024 Budget 217