• NOTICE OF 2017 TAX YEAR PROPOSED PROPERTY TAX RATE FOR CITY OF GREENVILLE

NOTICE OF 2017 TAX YEAR PROPOSED PROPERTY TAX RATE FOR CITY OF GREENVILLE
A tax rate of $0.699000 per $100 valuation has been proposed by the governing body of CITY OF GREENVILLE. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate.
The governing body of
CITY OF GREENVILLE
proposes to use revenue attributable to the tax rate increase for the purpose of Maintenance and Operation.
PROPOSED TAX RATE $0.699000 per $100 PRECEDING YEAR’S TAX RATE $0.699000 per $100 EFFECTIVE TAX RATE $0.671149 per $100 ROLLBACK TAX RATE $0.700895 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for CITY OF GREENVILLE from the same properties in both the 2016 tax year and the 2017 tax year. The rollback tax rate is the highest tax rate that CITY OF GREENVILLE may adopt before voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate.
YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS:
property tax amount = (rate) x (taxable value of your property) / 100
For assistance or detailed information about tax calculations, please contact:
Randy Wineinger Hunt County Tax Assessor-Collector 2500 Stonewall Street, Suite 101
903-408-4000
www.hctax@hctax.info
www.hctax.info
You are urged to attend and express your views at the following public hearings on proposed tax rate:
First Hearing: 08/22/2017 6:00 PM at City Hall, 2821 Washington st. Greenville, TX
Second Hearing: 09/12/2017 6:00 PM at City Hall, 2821 Washington st. Greenville, TX
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PostedAugust 11, 2017