Notice of 2015 Tax Year – Proposed Property Tax Rate

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Note: This entry was last modified on August 14, 2015: 9:42 am and may be out of date.

NOTICE OF 2015 TAX YEAR PROPOSED PROPERTY TAX RATE FOR THE CITY OF HEATH, TEXAS

A tax rate of $0.4266 per $100 valuation has been proposed for adoption by the governing body of the City of Heath, Texas. This rate exceeds the lower of the effective or roll back tax rate, and state law requires that two public hearing be held by the governing body before adopting the proposed tax rate.

PROPOSED TAX RATE $0.426600 per $100
PRECEDING YEAR’S TAX RATE $0.426600 per $100
EFFECTIVE TAX RATE $0.420098 per $100
ROLLBACK TAX RATE $0.443990 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 Heath, Texas 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 the City of Heath, Texas 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:

Patricia Davis, Chief Appraiser
Rockwall Central Appraisal District
841 Justin Road, Rockwall, Texas 75087
972-771-2034
pdavis@rockwallcad.com
www.rockwallcad.com

You are urged to attend and express your views at the following public hearings on the proposed tax rate:
First Hearing: August 25, 2015 6:30 p.m. at City Hall, 200 Laurence Dr., Heath, Texas 75032
Second Hearing: September 8, 2015 6:30 p.m. at City Hall, 200 Laurence Dr., Heath, Texas 75032