HomeMy WebLinkAbout(2) PUBLIC HEARING REGARDING A TAX RATE OF $0.792000 PER $100 VALUATION THAT HAS BEEN PROPOSED FOR ADOPTION BY THE GOVERNING BODY NOTICE OF 2015 TAX YEAR PROPOSED
PROPERTY TAX RATE FOR CITY OF PORT
ARTHUR
A tax rate of$0.792000 per $100 valuation has been proposed for adoption by the governing body of
City of Port Arthur. 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.
PROPOSED TAX RATE $0.792000 per $100
PRECEDING YEAR'S TAX RATE $0.792000 per $100
EFFECTIVE TAX RATE $0.771998 per $100
ROLLBACK TAX RATE $0.787892 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for
City of Port Arthur from the same properties in both the 2014 tax year and the 2015 tax year.
The rollback tax rate is the highest tax rate that City of Port Arthur 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:
Allison Nathan Getz
City of Port Arthur Tax Assessor-Collector
1149 Pearl Street, Beaumont, Texas 77701
(409) 835-8714
jeffcotnt@co.jefferson.tx.us
You are urged to attend and express your views at the following public hearings on the proposed tax
rate:
First Hearing: September 15, 2015 at 06:00 PM at City Hall, 444 4th Street, Port Arthur, Texas
77640.
Second Hearing: September 18, 2015 at 09:10 AM at City Hall, 444 4th Street, Port Arthur, Texas
77640.
111111116.
Sh- i Bellard, City Secretary