HomeMy WebLinkAboutTAX INCREASENotice of Public Hearing on Tax Increase
The CITY OF PORT ARTHUR 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 8.99 percent (percentage by
which proposed tax rate exceeds lower of rollback tax rate or effective tax rate 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 26, 2008 at 7:00 PM at Council Chambers, City Hall,
444 4th Street, Port Arthur, Texas. -
The second public hearing will be held on September 9, 2008 at 9:00 AM at Council Chambers, City
Hall, 444 4th Street, Port Arthur, Texas.
The members of the governing body voted on the proposal to consider the tax increase as follows:
FOR:
Mayor Prince
Councilmember Segler
Councilmember Flood
Councilmember Wise
None
Mayor Pro Tem Chatman
AGAINST
PRESENT and not voting:
ABSENT:
Councilmember Henderson
None
Councilmember Beard, Councilmember Williamson, Councilmember Albright
The average gable value of a residence homestead in CITY OF PORT ARTHiJR last year was
$43,402. Based on last year's tax rate of $0.760000 per $100 of taxable value, the amount of taxes
imposed last year on the average home was $329.86.
The average taxable value of a residence homestead in CITY OF PORT ARTHUR this year is
$51,275. If the governing body adopts the effective tax rate for this year of $0.697328 per $100 of
taxable value, the amount of taxes imposed this year on the average home would be $357.55
If the governing body adopts the proposed tax rate of $0.760000 per $100 of taxable value, the
amount of taxes imposed this year on the average home would be $389.69.
Members of the public are encouraged to attend the hearings and express their views.