NOTICE OF 2019 TAX YEAR PROPOSED PROPERTY TAX RATE FOR THE CITY OF BELTON, TEXAS

NOTICE OF 2019 TAX YEAR PROPOSED PROPERTY TAX RATE FOR THE CITY OF BELTON, TEXAS

A tax rate of $0.6598 per $100 valuation has been proposed for adoption by the governing body of the City of Belton. 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 the City of Belton proposes to use revenue attributable to the tax rate increase for the purpose of continuing to provide services essential to the safety and well being of its citizens.
 
PROPOSED TAX RATE  $0.6598 per $100 
PRECEDING YEAR’S TAX RATE $0.6598 per $100
EFFECTIVE TAX RATE $0.6178 per $100
ROLLBACK TAX RATE $0.6599 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for the City of Belton from the same properties in both the 2018 tax year and the 2019 tax year.
 
The rollback tax rate is the highest tax rate that the City of Belton 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: 
Billy White, Chief Appraiser
Tax Appraisal District of Bell County 
411 E Central Avenue
Belton, TX 76513
 254-939-5841
Billy.White@bellcad.org
 
You are urged to attend and express your views at the following public hearings on the proposed tax rate:

First Hearing: 
August 27, 2019, 5:30pm at Harris Community Center
401 N Alexander Street, Belton, TX 76513

Second Hearing:
September 10, 2019, 5:30pm at Harris Community Center
401 N Alexander Street, Belton, TX 76513