HomeMy WebLinkAboutNotice of 2014 Tax Year Proposed Property Tax RateNOTICE OF 2014 TAX YEAR
PROPOSED PROPERTY
TAX RATE FOR
City of Georgetown
A tax rate of $0.435000 per $100 valuation has been proposed by
the governing body of City of Georgetown . 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 $0.435000 per $100
PRECEDING YEAR’S TAX RATE $0.439500 per $100
EFFECTIVE TAX RATE $0.423440 per $100
ROLLBACK TAX RATE $0.451516 per $100
The effective tax rate is the total tax rate needed to raise the same
amount of property tax revenue for City of Georgetown from the
same properties in both the 2013 tax year and the 2014 tax year.
The rollback tax rate is the highest tax rate that City of Georgetown
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:
Deborah M Hunt, CTA
Williamson County tax assessor-collector
904 S. Main St., Georgetown, TX 78626
512-943-1603
propertytax@wilco.org
http://www.wilco.org/CountyDepartments/TaxAssessorCollector/
You are urged to attend and express your views at the following
public hearings on proposed tax rate:
First Hearing: 08/12/2014 4:00 PM at 101 E. 7th St. Georgetown,
TX 78626
Second Hearing: 08/19/2014 6:00 PM at 101 E. 7th St. Georgetown,
TX 78626