20 - Calling a public hearing on the proposed tax rate

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Statements required in notice if the proposed tax rate does not exceed the lower of the no -new -revenue tax rate or the voter -approval tax rate, as prescribed by Tax Code §26.061. NOTICE, OF'MEET'ING TO VOTE Op -2 A t A tax rate of $ 0.48078 --..... _ per $100 valuation has been proposed by the governing body of PROPOSED TAX RATE NO -NEW -REVENUE TAX RATE VOTER -APPROVAL TAX RATE $ 0.48078 per $100 $ 0.48398 ......., _ per $100 $ 0.48078 .-................. _._....................................... .. per $100 Form 50-883 The no -new -revenue tax rate is the tax rate for the 2020 tax year that will raise the same amount (current tax year) of property tax revenue for Chit of Paris from the same properties in both (name of taxing unit) the 2019 tax year and the_......................................................2020........-........._..., tax year. (preceding tax year) (curren! tax year) The voter -approval rate is the highest tax rate that City of Paris may adopt without holding (name of taxing unit) an election to seek voter approval of the rate. The proposed tax rate is not greater than the no -new -revenue tax rate. This means that City of Paris is not (name of taxing unit) proposing to increase property taxes for the 2020 tax year. (current tax year) A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 14, 2020 at 530 P.M. (dale and time) at Council Chamber, City Hall, 107 E. Kaufman, Paris, Texas (meeting place) The proposed tax rate is also not greater than the voter -approval tax rate. As a result, Cit of Paris -.._ is not (name of razing unit) required to hold an election to seek voter approval of the rate. However, you may express your support for or opposition to the proposed tax rate by contacting Cites Council of CI!Y of Paris at their (name of governing body) (name of taxing unit) offices or by attending the public meeting mentioned above. YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS: Property tax amount = ( tax rate ) x ( taxable value of your property ) / 100 (List names of all members of the governing body below, showing how each voted on the proposal to consider the tax increase or, if one or more were absent, indicating absences.) FOR the proposal: AGAINST the proposal: PRESENT and not voting: ABSENT: Exhibit "A" iris iota, l<a�i r��f�:r , lrutc�. a;e,2rrilit�rrll<4i°tit'II �a6al[�. ,:«Yata4�l� l"i s�:�c!aCz� 17 � ;�f,,l�tirr4 ?Yi i°i°�iriry �i �a lydliliraii,el u.artr�M .,e�l.�[�;4i„Plllllill 4� �� V �ft bw U �, ��lf #411P Sill rtolliry^IV"91'.y.t:ax 50-883 • Rev.5-20