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Statements required in notice if the proposed tax rate does not exceed the tower of the no -new -revenue tax rate or the voter -approval tax rate, <br />as prescribed by Tax Code §26 061. <br />A tax rate of $ 0.48078 ,..W.� wwwww,,, .. 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............_ � <br />................. per $100 <br />$ OA8398 <br />„ per $100 <br />$ 0.48078 <br />per $100 <br />Form 50-883 <br />The no -new -revenue tax rate is the tax rate for the 2020 tax year that will raise the same amount <br />(current tax year) <br />of property tax revenue for Ci of Paris. from the same properties in both <br />(name of raring unir) <br />the 2019 _ _ tax year and the 2020 tax year. <br />(prece ng —year) (cutranr tar year) <br />The voter -approval rate is the highest tax rate that City of Paris may adopt without holding <br />(home of raring unit) <br />an election to seek voter approval of the rate. <br />proposed g City of Paris is not <br />The ro osed tax rate is not rester than the no -new -revenue tax rate. This means that mITIT_mm_ ._ .... <br />(home of raring unit) <br />proposing to increase property taxes for the _m_mmm_IT 2020 _ tax year. <br />(current —)—r) <br />A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON Se f mberw14, 2020 atw5 30 P.M. <br />(date and time) <br />at Council Chamber, City Hall, 107 E. Kaufman, Paris, Texas <br />(meedng place) <br />The proposed tax rate is also not greater than the voter -approval tax rate. As a result, Ci of Parris roirn$ ti�,i,1-°�°��"""""".• is not <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 CiCouncrl_._...mm ofCitCC�of Pans �ITITIT ITIT„ at their <br />(name of governing body) (name of taxing unto <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 ) 1100 <br />(List names of all members of the governing body below, showing how each voted on the proposal to consider the tax increase of if one or more were absent indicating absences.) <br />FOR the proposal:, <br />AGAINST the proposal:, <br />PRESENT and not voting: <br />ABSENT: <br />Exhibit "A" <br />rxdk'I',al m"'J ,,.�C:„ /I, r.o'e'rnp't"c"U,l,re6�f�,� ,<, fL�il�fiall re,dfaG rty <br />50-993 • Rev.5-20 <br />