Page 73 - CITY OF AZLE, TEXAS
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AD VALOREM TAX DATA
TAXABLE VALUE
TAX VALUE Tax Year 2022 Tax Year 2023
Appraised Value 1,634,727,165 2,030,062,399
Exemptions & Deductions 359,049,083 490,023,305
NET TAXABLE VALUE 1,275,678,082 1,540,039,094
New Contruction Included 32,908,840 70,136,659
PROPERTY TAX CALCULATION
TOTAL TAXABLE VALUE 1,275,678,082 1,540,039,094
Proposed Tax Rate x 0.6234260 0.5688744
Tax Levy 7,952,909 8,760,888
Collection Rate x 1.0000 1.0000
NET COLLECTIONS 7,952,908 8,760,888
Increase (Decrease) from 2022 Adjusted Tax Roll 807,980
PROPERTY TAX ALLOCATIONS
M & O DEBT SERVICE TOTAL
TOTAL TAX RATE LEVY LEVY LEVY
$0.568874 8,042,133 718,755 8,760,888
@ @ @
0.5222032 0.0466712 0.5688744
No-New-Revenue Tax Rate 0.5397410
Amt. Over (Under) No-New-Revenue Tax Rate 0.0291334
Voter-Approval Tax Rate 0.5535492
Amt. Over (Under) Voter-Approval Tax Rate 0.0153252
De Minimis Tax Rate 0.5688744
Amt. Over (Under) Voter-Approval Tax Rate 0.0153252
2022 Total Approved Rate 0.6234260
Amt. Over (Under) 2022 Total Approved Rate (0.0545516)
Note: The City Charter of the City of Azle does not provide for a debt limit. Under provisions of state law, the
maximum tax rate is limited to $2.50 per $100 assessed valuation.
Tax Rate Limit $ 2.5000000
Proposed Tax Rate $ 0.5688744
Available Tax Rate $ 1.9311256
City of Azle FY 2023-2024 Budget 62
