This budget will raise more total property taxes than last year's budget by $244,532.60 or 5.69% and of that amount $40,680.05 is tax revenue to be raised from new property added to the tax roll this year Click to see budget info
CITY OF DECATUR - NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN TO ALL INTERESTED PERSONS, THAT: The City Council of the City of Decatur, Texas will convene a public hearing on Tuesday September 5, 2017 at 6:00 Read on...
NOTICE OF 2017 TAX YEAR
PROPOSED PROPERTY TAX RATE FOR
CITY OF DECATUR
A tax rate of $.7050 per $100 valuation has been proposed for adoption by the governing body of CITY OF DECATUR. 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 DECATUR proposes to use revenue attributable to the tax to the tax
rate increase for the purpose of FUNDING MUNICIPAL OPERATIONS
PROPOSED TAX RATE $ .7050 per $100
PRECEDING YEAR'S TAX RATE $ .7030 per $100
EFFECTIVE TAX RATE $.6773 per $100
ROLLBACK TAX RATE $.7095 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for CITY OF DECATUR 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 DECATUR 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 = ( rare ) x ( taxable value of your property ) / 100
For assistance or detailed information about Tax calculations, please contact:
Mickey Hand, RPA, RTA, CTA
City of Decatur/Wise County Appraisal District tax assessor-collector
400 East Business 380 Decatur , Texas
940· 627· 3081 mickey-wcad@embargmail .com www.isouthwestdata.com drop down box for Wise CAD I downloads & forms / 2017 tax rates
You are urged to attend and express your views at the following public hearings on the proposed tax rate·
First Hearing: August 28, 2017 6:00 PM at Decatur City Hall 201 East Walnut St.
Second Hearing: September 5, 2017 6:00 PM at Decatur City Hall 201 East Walnut St.