Laserfiche WebLink
50418 <br />Po1OY,,, (11 -154) <br />A tax rate of $ <br />NOTICE OF 2017 TAX YEAR <br />PROPOSED PROPERTY TAX RATE FOR <br />.55195 <br />per $100 valuation has been proposed for adoption by the governing body of <br />City of Paris , This rate exceeds the lower of the effective or rollback tax rate, <br />and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate. <br />The governing body of City of Paris proposes to use revenue attributable to the tax <br />rateincrease forthepurposeof payment of bond debt for street and park improvements and operating costs <br />PROPOSED TAX RATE $ <br />PRECEDING YEAR'S TAX RATE $ <br />EFFECTIVE TAX RATE $ <br />ROLLBACK TAX RATE $ <br />•55195 per $100 <br />.50195 per $100 <br />.48454 per $100 <br />.56576 per $100 <br />The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for <br />City of Paris from the same properties in both the 2016 tax year <br />and the 2017 tax year. <br />The rollback tax rate is the highest tax rate that City of Paris may adopt before <br />voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate. <br />YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS: <br />property tax amount = ( ) x ( taxable value of your groperly / 100 <br />For assistance or detailed information about tax calculations, please contact: <br />Gene Anderson <br />City of Paris tax assessor - collector <br />135 1st SE Paris, Texas <br />903 - 784 -9241 <br />ganderson @paristexas.gov <br />www.paristexas.gov <br />You are urged to attend and express your views at the following public hearings on the proposed tax rate: <br />First Hearing: September 5, 2017 5:30 P.M. at City Council Room 107 E. Kaufman Paris, Texas <br />Second Hearing: September 11, 2017 5:30 P.M. at City Council Room 107 E. Kaufman Paris, Texas <br />�I'�� �J i /,R of <br />