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Public Hearing for the 2023-2023 Property Tax Rate

9/14/2023

NOTICE OF PUBLIC HEARING

FOR THE 2023-2024 PROPERTY TAX RATE

THURSDAY, SEPTEMBER 14, 2023

Notice is hereby given that a PUBLIC HEARING will be held by the Clarendon City Council, as Governing Body of the City of Clarendon, at a Regular Council Meeting on Thursday, September 14, 2023, at 5:15 p.m., at City Hall, 313 S. Sully St, Clarendon, Texas 79226, for the purpose of considering the following:

Public Hearing for he Purpose of Adopting the City of Clarendon's Property Tax Rate for Fiscal Year 2023-2024

Proposed Tax Rate 2023-2024

Property Tax Rate                                                               .610083
No-New-Revenue Tax Rate                                                .587470
No-New Maintenance & Operations (M&O) Rate             .589453
Voter-Approved Tax Rate                                                   .610083
Debt Rate                                                                           .000000
De minimis Rate                                                                 .000000
Unused Increment Rate                                                     .000000

This budget will raise more revenue from property taxes than last year's budget by an amount of $12,785.00, which is a 3.56% increase from last year's budget. The property tax revenue raised from new property added to the tax roll this year is $200.00.

The Property Tax Rate will be on the agenda for adoptionon September 14, 2023, 5:30 p.m., at a regular City Council meeting.

Citizens are encouraged to attend the Public Hearing and Council Meeting.