Page 173 - CityofBurlesonFY26Budget

Notice About 2025 Tax Rates
Property tax rates in City of Burleson.
This notice concerns the 2025 property tax rates for City of Burleson. This notice provides
information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue
tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both
years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without
holding an election. In each case, these rates are calculated by dividing the total amount of taxes by
the current taxable value with adjustments as required by state law. The rates are given per $100 of
property value.
This year's no-new-revenue tax rate $0.6591/$100
This year's voter-approval tax rate $0.7218/$100

To see the full calculations, please visit 2 North Mill Street, Cleburne, TX 76033 for a copy of the
Tax Rate Calculation Worksheet.

Unencumbered Fund Balance
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal
year. These balances are not encumbered by corresponding debt obligation.
Type of Fund Balance
M&O Fund Balance 20,923,324
I&S Fund Balance 4,676,225

Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts
will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
Principal or Contract Interest to be
Description of Debt Payment to be Paid Paid from Other Amounts Total Payment
to be Paid
from Property Taxes Property Taxes
GO Refunding Series 2012 31,544 9,755 0 41,299
CO Series 2015 180,000 86,600 0 266,600
GO Refunding and
1,100,000 102,700 0 1,202,700
Improvement Series 2015
CO Series 2016 85,000 42,100 0 127,100
GO Refunding and
1,345,000 282,975 0 1,627,975
Improvement Series 2016
CO Series 2017 130,000 59,494 0 189,494
GO Bonds Series 2017 100,000 46,056 0 146,056
CO Series 2018 370,000 192,081 0 562,081
CO Series 2019 315,000 217,175 0 532,175
CO Series 2020 165,000 96,825 0 261,825
GO Series 2020 415,000 104,625 0 519,625
GO Bonds Series 2022 50,000 52,800 0 102,800
CO Series 2023 10,000 16,700 0 26,700
GO Bonds Series 2023 300,000 396,088 0 696,088
CO Series 2024 165,000 232,675 0 397,675
GO Bonds Series 2024 680,000 505,600 0 1,185,600
CO Series 2025 5,170,000 921,377 0 6,091,377
GO Bonds Series 2025 245,000 402,697 0 647,697

Total required for 2025 debt service $14,624,867
- Amount (if any) paid from funds listed in
unencumbered funds $1,695,000
- Amount (if any) paid from other resources $0
- Excess collections last year $30,924
= Total to be paid from taxes in 2025 $12,898,943
+ Amount added in anticipation that the unit will
collect only 101.00% of its taxes in 2025 $-127,713
= Total debt levy $12,771,230

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