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Hays Free Press
Kyle, Texas
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August 16, 2017     Hays Free Press
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August 16, 2017
 

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+ Hays Free Press August 16, 2017 Page 5A Notice of Public Hearing on Tax Increase The Hays County ESD #5 will hold two public hearings on a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by 4.93 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax calculated under Chapter 26, Tax Code). Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted. The first public hearing will be held on August 23, 2017 at 6:00 PM at Kyle Fire Department Station, 210 W Moore St, Kyle, TX 78640. The second public hearing will be held on August 30, 2017 at 6:30 PM at Kyle Fire Department Station, 210 W Moore. St, Kyle, TX 78640. The members of the governing body voted on the proposal to consider the tax increase as follows: FOR: Eric Holen Susan Meckel John Rodriguez, Jr. Beth Smith Paul Terry AGAINST: N/A PRESENT and not voting: N/A ABSENT: N/A The average taxable value of a residence homestead in Hays County ESD #5 last year was $154,578. Based on last year's tax rate of $0.1000 per $100 of taxable value, the amount of taxes imposed last year on the average home was $154.58. The average taxable value of a residence homestead in Hays County ESD #5 this year is $170,040. If the governing body adopts the effective tax rate for this year of $0.0953 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $162.05. If the governing body adopts the proposed tax rate of $0.1000 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $170.04. Members of the public are encouraged to attend the hearings and express their views. 2017 Property Tax Rates in Hays County ESD #5 This notice concerns the 2017 property tax rates for Hays County ESD #5. It presents informa- tion about three tax rates. Last year's tax rate is the actual tax rate the taxing unit used to deter- mine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers start rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable prop- erty) with adjustments as required by state law. The rates are given per $100 of property value. Last year's tax rate: Last year's operating taxes $2,833,180 Last year's debt taxes $0 Last year's total taxes $2,833,180 Last year's tax base $2,833,180,000 Last year's total tax rate $0.1000/$] 00 This year's effective tax rate: Last year's adjusted taxes (after subtracting taxes on lost property) $2,831,080 + This year's adjusted tax base (after subtracting value of new property) $2,968,324,134 =This year's effective tax rate $0.0953/$100 (Maximum rate unless unit publishes notices and holds hearings.) This year's rollback tax rate: Last year's adjusted operating taxes $2,831,080 (after subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate, and/or enhanced indigent healthcare expenditures) + This year's adjusted tax base $2,968,324,134 =This year's effective operating rate $0.0953/$100 x 1.08=this year's maximum operating rate $0.1029/$100 + This year's debt rate $0.0086/$100 = This year's total rollback rate $0A 115/$100 Statement of Increase/Decrease If Hays County ESD #5 adopts a 2017 tax rate equal to the effective tax rate of $0.0953 per $100 of value, taxes would increase compared to 2016 taxes by $123,795. Schedule A - Unencumbered Fund Balance The tbllowing estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation. Type of Property Tax Fund Balance General Fund 1,184,646 Schedule B - 2017 Debt Service The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax reve- nues, if applicable). Principal or Contract Interest to Other Description of Debt Payment to be Paid be Paid fromAmounts Total Station I Payment from Property Taxes Property Taxes to be Paid Payment Government Capital 186,787 80,737 0 267,524 Total required for 2017 debt service $267,524 - Amount (if any) paid from Schedule A $0 - Amount (if any) paid from other resources $0 - Excess cOllections last year $0 = Total to be paid from taxes in 2017 $267,524 + Amount added in anticipation that the unit will collect only 100.00% of its taxes in 2017 $0 = Total debt levy $267,524 This notice contains a summary of actual effective and rollback tax rates' calculations. You can " inspect a copy of the full calculations at 712 S. Stagecoach Trail, San Marcos,TX 78666. Name of person preparing this notice: Luanne Caraway Title: Hays County Tax Assessor-Collector Date Prepared: 08/11/2017 Notice of Public Hearing on Tax Increase The Hays County ESD #8 will hold two public hearings on a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by 4.38 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax calculated under Chapter 26, Tax Code). Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted. The first public hearing will be held on August 24, 2017 at 7:30 PM at Buda Fire Department Main Station, 209 FM 2770, Buda, TX 78610. The second public hearing will be held on August 31, 2017 at 7:30 PM at Buda Fire Department Main Station, 209 FM 2770, Buda, TX 78610. The members of the governing body voted on the proposal to consider the tax increase as follows: FOR: Jim Weatherford Scott Stevens Carol Greaves Paul Kaskie AGAINST: N/A PRESENT and not voting: N/A ABSENT: Joe Segovia The average taxable value of a residence homestead in Hays County ESD #8 last year was $219,734. Based on last year's tax rate of $0.1000 per $100 of taxable value,the amount of taxes imposed last year on the average home was $219.73. The average taxable value of a residence homestead in Hays County ESD #8 this year is $232,452. If the governing body adopts the effective tax rate for this year of $0.0958 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $222.69. If the governing body adopts the proposed tax rate of $0.1000 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $232.45. Members of the public are 'encouraged to attend the hearings and express their views. 2017 Property Tax Rates in Hays County ESD #8 This notice concerns the 2017 property tax rates for Hays County ESD #8. It presents information about three tax rates. Last year's tax rate is the actual tax rate the taxing unit used to determine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate isthe highest tax rate the taxing unit can set before tax- payers start rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value. Last year's tax rate: Last year's operating taxes $3,072,079 Last year's debt taxes $0 Last year's total taxes $3,072,079 Last year's tax base $3,072,079,000 Last year's total tax rate $0.1000/$100 This year's effective tax rate: Last year's adjusted taxes (after subtracting taxes on lost property) + This year's adjusted tax base (after subtracting value of new property) =This year's effective tax rate (Maximum rate unless unit publishes notices and holds hearings.) $3,070,235 $3,203,319,760 $0.0958/$100 This year's rollback tax rate: Last year's adjusted operating taxes$3,070,235 (after subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate, and/or enhanced indigent healthcare expenditures) + This year's adjusted tax base $3,203,319,760 =This year's effective operating rate $0.0958/$100 x 1.08=this year's maximum operating rate $0.1034/$100 + This year's de.bt rate $0/$100 = This year's total rollback rate $0.1034/$100 Statement of Increase/Decrease If Hays County ESD #8 adopts a 2017 tax rate equal to the effective tax rate of $0.0958 per $100 of value, taxes would increase compared to 2016 taxes by $173,580. Schedule A - Unencumbered Fund Balance The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation. Type of Property Tax Fund Balance General Fund . 2,263,371 This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at 712 S. Stagecoach Trail, San Marcos, TX 78666. Name of person preparing this notice: Luanne Caraway Title: Hays County Tax Assessor-Collector Date Prepared: 08/10/2017 ,, till I II I [