HomeMy WebLinkAboutNotice About Tax Rates (2002)Notice About 2022 Tax Fates
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Property Tax Rates in City of Fu�ess, Texas
This notice concerns the 2022 property tax rates for City of Euless, Texas
(curranf year) ffaxiag undt 5nffma)
This notice provides information about two tax rates used in adopting the current tax years tax rate. The no -new -revenue tax rate wouId Impose the same
amount of taxes as last year if you compare properties taxed in both years. In most cases. the voter -approval tax rate is the highest tax rate a taxing unit
can adopt without holding an election. In each case. these rates are calculated by dividing the total amount of taxes by the current taxable value with
adjustments as required by state law. The rates are given per $100 of property value -
Taxing units preferring fo ftst the rates can expand fhls section to imckude an explanation of how these tax rates were cMcuiated.
This year's no -new -revenue tax rate .............. . .. .. $ 0.433030 IS100
This year's voter -approval tax rate .. ............ . ....... $
To see the full calculaWns, please v s;t
www.eulesstx.gov
fwobaa addFass)
0.467831 f$100
for a copy of the Tax Rate Calculation VVorksheet.
Unencumbered Fund Balances
The fallowing estimated balances will be let in the taxing units accounts at the end of the fiscal year_ These balances are not enraum bered by corresponding
debt obligation.
Type of Fund Balance
General Obligation Debt Service $ 1,963,536
General Fund 19 d71 A9R
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or
addtfranat satas tax revenues- if appticabte)-
Principal or Contract
Interest to be
Other P4mmunts
Description of Debt Payment to be Paid
Paid From
to be Paid
Total Payment
from Property Taxes
Property Taxes
General Obligation 5210,000
Refunding Bonds, Series
24,513
613
545,131
2012
Tax & Waterworks & Sewer370,000
269,D62
613
639,675
System (Limited Pledge)
Revenue Certificates of
Obligation, Series 2018
Axon Enterprise, Inc. Lease 143,796
4,314
613
148,723
Tax & Waterworks & Sewer450,000
411,206
613
361,819
System (Limited Pledge)
Revenue Certificates of
Obligation, Series 2019
Tax & Waterworks & Sewer 285 0D0
169,613
613
45%226
System (Limited Pledge)
Revenue Certificates of
Obligation, Series 2020
Tax Notes, Series 2020 375,000 2,100 613 377,713
Form developed by: Texas Comptroller of Public Accounts, Property Tax Assistance Division For additional copies, visit:
comptrollertexas.govftaxesfpropertY-tax
$0.212 •OS-2'J19
Notice ofraxpates
Principal or Contract
Interest to be
Other Amounts
Description of Debt Payment to be Paid
Paid from
to be Paid
Total Payment
from Property Taxes
Property Taxes
Tax & Waterworks & Sewer215,000
116,546
613
332,159
System (Limited Pledge)
Revenue Certificates of
Obligation, Series 2021
Tax Notes, Series 2021 550,000
33,800
613
584,413
Tax Notes, Series 2022 995,000
253,838
0
1,248,838
Tax & Waterworks & Sewer 10,000
3,700
350
14,050
System (Limited Pledge)
Revenue Certificates of
Obligation, Series 2011
Tax & Waterworks & Sewer 165,000
61,944
350
227,294
System (Limited Pledge)
Revenue Certificates of
Obligation, Series 2011
Tax & Waterworks & Sewer 295,000
132,650
350
428,000
System (Limited pledge)
Revenue Certificates of
Obligation, Series 2014
Tax & Waterworks & Sewer 145,000
76,375
350
221,725
System (Limited Pledge)
Revenue Certificates of
Obligation, Series 2015
Tax & Waterworks & Sewer 570,000
428,6W
500
999,1$8
System (Limited pledge)
Revenue Certificates of
Obligation, Series 2016
2022
Total required for debt service.....--.--.--....-..--.--.--...
r Y-0
- Amount (if arry) paid from funds listed in unencumbered funds
- Amount (if arty) paid from other resources
- Excess collections lest year-..--..-....--.--.--....-..---.--.--....--.--.--..-....--..
M
= Total to be paid froth t 3xer. in ._.._..__.__.--.--.__.--.--
(enfrenf AWj
+ Anwunt added in anticipation that the sexing unit will pied
100 202-2
only % of its i it __.__----------
fodkefrae rate) (Cunene yesej
= Total debt LeWy------------- ------------------------------------------ -----------------
g 7,M,954
Q
.140,287
314,580
a 4.629,087
4,629,087
Forra 50-21.2
far additional copies, visit can ptrotler.texas.govftaxeslproperty-tax Pagel
5M32 *4'r2-M9
Voter -Approval Tax Rate Adjustments
State Criminal Justice Mandate
The County Auditor certifies that County has spent S (minus any amount
(county nine) (county nw^e) (anwu f)
received from state revenue for such Costs) in the previous 12 months for the maintenance and operations cost of keeping inmates sentenced to the Texas
Department of Criminal Justice County Sheriff has provided information on these costs.
(county name) (CPuNy narne)
minus the state revenues received for the reimbursement of such costs This increased the voter -approval tax rate by S s100
ram0u,'I of ,</easeI
Indigent Health Care Compensation Expenditures
The
spent S from July 1 to Jun 30
.w 7� j,-r rs'r M! P-4f year) (Current yew)
on indigent health care compensation procedures at the increased minimum elgibdrty standards. less the amount of state assrstanoo For the current tax
year. the amount of increase above last year's enhanced indigent health care expenditures rs $ This increased the voter -approval tax
rate by S _ 1S100-
Indigent Defense Compensation Expenditures
The spent $ from July 1 to June 30
(ctour.'ry ramei Wnoun!) (pnor yew) (C✓renf yew)
to provide appointed counsel for indigent individuals. less the amount of state grants received by the county In the preceding year. the county spent
$ for indigent defense compensation expenditures The amount of increase above last year's indigent defense expenditures is
(wnOurY)
S This increased the voter -approval rate by S )S100 to recoup
(wnount or naesse) (a,+oune or ocaeaso) (use one phrase to conp4te sentence n» increased
expenditures. or 5% more own me preoedrq yew's erpen7trues)
Metlomaf Tax Rates
Eligible County Hospital Expenditures
The spent $
f,nerne rxr taxiing un�Y) (srtsount]
on expenditures to maintain and operele an eligible county hca-pital- In the preosding year, the
Ferro 50-212
from July 1 bo June 30
LKvaoryes11 fr +k resrk
00.dng urA AtN7ej
spent $ for jaunty hospital expenditures. For the current tax year, thine amount of increase above last year's expenditures i6
$ This increased the water-appmwel tax rate by 1$1 O0 bo n3coUp
fsatcwnf Oflintreaaal fuse anep)"w fa c+ar*ede senferae. the rnereeted
expe,rdJuresor d% mere &a# Mepremedirl6l year's eVeafflu at)
This notice canteins a summary of the no-new-ravenue and voter -approval oelcuiaborrs as
cerurled by�LGa�„rrrw Janina Jewell, Director of Finance 712912422
4d&mgmfed ifl& du.Ws r yin and}+mLbonl ldtlek
kisi1 Texas.gDW!"ropertyTexes to Rnd a link to your focal property tax database an whkh you can easily access informalion regarding your properly taxer;,
including information abn+.FL proposed tax rates and scheduled public heart ngs or each entity that taxes your property.
The BEth Taxes Legislature modified the manner in whidt the vWer,approval tax rabe is calculated to limit the rate of growth of property taxes in the sLahe.
For additional copies, visit comptroller.texas.gowhaxeslproperty-tax Page3