The Cities of College Station and Bryan have declared a local state of disaster in their respective cities due to extreme drought. https://t.co/c9S81fPDt5 #bcstx
— College Station (@CityofCS) August 12, 2022
FIFYtechno-ag said:
Probably an excuse to raise property taxes and utilities more.
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Under Tax Code Section 26.07(b), the registered voters of the taxing unit determine whether to approve the adopted tax rate at an election if the governing body of:
- a special taxing unit or a municipality with a population of 30,000 or more adopts a tax rate that exceeds the voter-approval tax rate; or
- a taxing unit other than a special taxing unit or a municipality with a population of less than 30,000 regardless of whether it is a special taxing unit adopts a tax rate that exceeds the greater of the taxing unit's voter-approval rate or de minimis rate.
When these taxing unit types need to increase expenditures because of a disaster such as a tornado, hurricane, flood, wildfire, or other calamity (except drought, epidemic or pandemic) and the Governor declared any part of the area in which the taxing unit is located as a disaster area, an election is not required to approve the tax rate for the tax year after the disaster.
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NOTICE OF PUBLIC HEARING ON TAX INCREASE
A tax rate of $0.524613 per $100 valuation has been proposed by the governing body of City of College Station. PROPOSED TAX RATE $0.524613 per $100 NO-NEW-REVENUE TAX RATE $0.475470 per $100 VOTER-APPROVAL TAX RATE $0.537996 per $100
The no-new-revenue tax rate is the tax rate for the 2022 tax year that will raise the same amount of property tax revenue for City of College Station from the same properties in both the 2021 tax year and the 2022 tax year.
The voter-approval rate is the highest tax rate that City of College Station may adopt without holding an election to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that City of College Station is proposing to increase property taxes for the 2022 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 25, 2022 AT 6:00 PM AT College Station City Hall Council Chambers 1101 Texas Avenue, College Station, TX 77842.
The proposed tax rate is not greater than the voter-approval tax rate.
As a result, City of College Station is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the City Council of City of College Station at their offices or by attending the public hearing mentioned above.
YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS: Property tax amount= (tax rate) x (taxable value of your property)/100 FOR the proposal: Mayor Karl Mooney; Place 1 - Bob Brick; Place 2 - John Crompton; Place 3 - Linda Harvell Place 4 - Elizabeth Cunha; Place 5 - John Nichols Place 6 - Dennis Maloney. AGAINST the proposal: PRESENT and not voting: ABSENT: Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.
The following table compares the taxes imposed on the average residence homestead by City of College Station last year to the taxes proposed to be imposed on the average residence homestead by City of College Station this year.
Total tax rate (per $100 of value): (2021) $0.534618; (2022) $0.524613; (Change) decrease of -0.010005, or -1.87%.
Average homestead taxable value: (2021) $295,070; (2022) $326,112; (Change) increase of 31,042, or 10.52%.
Tax on average homestead: (2021) $1,577.50; (2022) $1,710.83; (change) increase of 133.33, or 8.45%.
Total tax levy on all properties: (2021) $50,679,03; (2022) $57,079,638; (change) increase of 6,400,608, or 12.63%.
For assistance with tax calculations, please contact the tax assessor for City of College Station at 979-764- 3541
