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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, <br />as prescribed by Tax Code §26.061. <br />NOTICE OF MEETING TO VOTE, <br />A <br />A tax rate of $, 0.48078 per $100 valuation has been proposed by the governing body of <br />PROPOSED TAX RATE <br />NO -NEW -REVENUE TAX RATE <br />VOTER -APPROVAL TAX RATE <br />$ 0.48078 per $100 <br />$ 0.48398.._ ...,.....n ..�r...... per $100 <br />$ 0.48078......��...................... W�......�_ per $100 <br />Form 50-883 <br />The no -new -revenue tax rate is the tax rate for the. .... 2020_ tax year that will raise the same amount <br />(current tar year) <br />of property tax revenue for City of Paris from the same properties in both <br />(name of taring unit) <br />the 2019----_.--...—...... ...- tax year and the _ 2020 tax year. <br />(preceding tax year) (current tax year) <br />The voter -approval rate is the highest tax rate that City of Paris_..............-............-..........................._. may adopt without holding <br />(name of taxing unit) <br />an election to seek voter approval of the rate. <br />proposed g City of Paris is not <br />The ro osed tax rate is not greater than the no -new -revenue tax rate. This means that �IT_...... _ <br />(name of taxing unit) <br />proposing to increase property taxes for the 2020 tax year. <br />(current tax year) <br />A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 14, 2020 at 5:30 P.M. <br />(date and time) ..W. <br />at Council Chamber, City Hall, 107 E. Kaufman, Paris, Texas <br />(meeting place) <br />proposed g pp _mmm , f Paris is not <br />The ro osed tax rate is also not greater than the voter -approval tax rate. As a result, i om-w <br />(name of taxing unit) <br />required to hold an election to seek voter approval of the rate. However, you may express your support for or opposition to the <br />proposed tax rate by contacting City Council of mCit ofParis�. mmm mamma at their <br />(name afgoverning body) (name of taxing unit) <br />offices or by attending the public meeting mentioned above. <br />YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS: <br />Property tax amount = ( tax rate ) x ( taxable value of your property ) / 100 <br />(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.) <br />'S'teve Clifford, Paula Portugal, Gary Savage, Derrick Hughes, Linda Knox & <br />FOR the proposal: Clayton Pilgrim <br />AGAINST the proposal: No <br />PRESENT and not voting: None <br />ABSENT: Renae Stone <br />Formcletvelopedby: Texas Comptroll rofPublicAccounts,PiopertyTaxFssistanceDivision For additional copies, visit: comptroffer.texas.gov/taxes/property-tax <br />50-883 • Rev.5-20 <br />