Page 18 - CityofForestHillFY26Budget

Form 50-212
Notice About 2025 Tax Rates

Property Tax Rates in the City of Forest Hill
This notice concerns the 2025 property tax rates for The City of Forest Hill, Texas.

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. Taxing units
preferring to list the rates can expand this section to include an explanation of how these tax rates were calculated.
This year’s no-new-revenue tax rate ............................................. $ 0.700466 / $100

This year’s voter-approval tax rate ............................................... $ 0.725912 / $100

To see the full calculations, please visit 2025 Tax Rate Calculation Worksheets (tarrantcountytx.gov) for a copy of the Tax Rate
Calculation Worksheet.

Unencumbered Fund Balances
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
General Fund Maintenance & Operation $ 9,310,452
Water / Sewer Fund Maintenance & Operation $16,275,157
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 Interest to be
Contract Payment Paid From
to be Paid From Property Other Amounts Total
Description of Debt Property Taxes Taxes to be Paid Payment

Combination Tax & Ltd Pledge Rev CO Series 2007 $0.00 $0.00 $191,385 $191,385

Combination Tax & Ltd Pledge Rev CO Series 2009 $0.00 $0.00 $112,109 $112,109

Total required for 2025 debt service .................................................................................................... $ 303,494
– Amount (if any) paid from funds listed in unencumbered funds ....................................................... $ 0
– Amount (if any) paid from other resources ........................................................................................$ 303,494
– Excess collections last year ............................................................................................................. $ 0
= Total to be paid from taxes in 2025................................................................................................... $ 0
+ Amount added in anticipation that the taxing unit will collect only 100% of its taxes in 2025 ...........$ 0
= Total Debt Levy ................................................................................................................................ $ 0

Voter-Approval Tax Rate Adjustments
State Criminal Justice Mandate N/A
Indigent Health Care Compensation Expenditures N/A
Indigent Defense Compensation Expenditures N/A
Eligible County Hospital Expenditures N/A
This notice contains a summary of the no-new-revenue and voter-approval calculations as certified by Sharon Jungman, Finance
Director, City of Forest Hill, Texas, on August 07, 2025.

Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding
your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your
property.

The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property
taxes in the state
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