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11 - 2022 Tax Rate Calculations
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11 - 2022 Tax Rate Calculations
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2022 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856 <br />50. COUNTIES ONLY. Add together the voter -approval tax rates for each type of tax the county levies. The total is the 2022 county voter -approval <br />tax rate. <br />$ /$100 <br />Cities, counties and hospital districts may levy a sales tax specifically to reduce property taxes. Local voters by election must approve imposing or abolishing the additional sales <br />tax. If approved, the taxing unit must reduce its NNR and voter -approval tax rates to offset the expected sales tax revenue. <br />This section should only be completed by a county, city or hospital district that is required to adjust its NNR tax rate and/or voter -approval tax rate because it adopted the <br />additional sales tax. <br />rigr r�urr r✓rai rcr rr o <br />/ l . <br />r � <br />t' <br />r � r <br />r <br />r r <br />t rc ri ✓ 1011 iairi �iiirr�rrrieiiiiyrfi✓�i riafnir�lirniiiirrrci�frurceiJl//�/����1 ������11r��������JJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJ����1�JJJJJJJJJJJJ��JJJJ1���1��1J11������������irrniarfir,/iirf��riiiim�im������ <br />51. Taxable Sales. For taxing units that adopted the sales tax in November 2021 or May 2022, enter the Comptroller's estimate of taxable sales for <br />the previous four quarters. "Estimates of taxable sales may be obtained through the Comptroller's Allocation Historical Summary webpage. <br />Taxing units that adopted the sales tax before November 2021, enter 0. (. <br />52. Estimated sales tax revenue. Counties exclude any amount that is or will be spent for economic development grants from the amount of esti- <br />mated sales tax revenue. 33 <br />Taxing units that adopted the sales tax In November 2021 or in May 2022. Multiply the amount on Line 51 by the sales tax rate (.01, <br />.005 or .0025, as applicable) and multiply the result by .95.34 <br />-or- <br />Taxing units that adopted the sales tax before November 2021. Enter the sales tax revenue for the previous four quarters. Do not <br />multiplyby.95. k 0 <br />53. 2022 total taxable value. Enter the amount from Line 21 of the No -New -Revenue Tox Rate Worksheet $2,233,314,729 <br />54. Sales tax adjustment rate. Divide Line 52 by Line 53 and multiply by $100. $ 0 /$100 <br />55. 2022 NNR tax rate, unadjusted for sales tax.35 Enter the rate from Line 26 or 27, as applicable, on the No -New -Revenue Tax Rate Worksheet. $114,0993 x$100 <br />56. 2022 NNR tax rate, adjusted for sales tax. <br />Taxing units that adopted the sales tax in November 2021 or in May 2022. Subtract Line 54 from Line 55. Skip to Line 57 if you <br />adopted the additional sales tax before November 2021. $ A0993 )3 /$100 <br />57. 2022 voter -approval tax rate, unadjusted for sales tax Enter the rate from Line 49, Line D49 (disaster) or Line 50 (counties) as applicable, <br />� 36 pp <br />of the Voter -Approval Tax Rate Worksheet. $°""1"51,°" /$100 <br />58. 2022 voter -approval tax rate, adjusted for sales tax. Subtract Line 54 from Line 57. $ 44,959 X5100 <br />A taxing unit may raise its rate for M&O funds used to pay for a facility, device or method for the control of air, water or land pollution. This includes any land, structure, building, <br />installation, excavation, machinery, equipment or device that is used, constructed, acquired or installed wholly or partly to meet or exceed pollution control requirements. The <br />taxing units expenses are those necessary to meet the requirements of a permit issued by the Texas Commission on Environmental Quality (TCEQ). The taxing unit must provide <br />the tax assessor with a copy of the TCEQ letter of determination that states the portion of the cost of the installation for pollution control. <br />This section should only be completed by a taxing unit that uses M&O funds to pay for a facility, device or method for the control of air, water or land pollution. <br />59. Certified expenses from the Texas Commission on Environmental Quality (TCEQ). Enter the amount certified in the determination letter <br />from TCEQ 37 The taxing unit shall provide its tax assessor -collector with a copy of the letter." <br />60. 2022 total taxable value. Enter the amount from Line 21 of the No -New -Revenue Tax Rate Worksheet. <br />61. Additional rate for pollution control. Divide Line 59 by Line 60 and multiply by $100. <br />62. 2022 voter -approval tax rate, adjusted for pollution control. Add Line 61 to one of the following lines (as applicable): Line 49, Line D49 <br />(disaster), Line 50 (counties) or Line 58 (taxing units with the additional sales tax). <br />n Tex. Tax Code §26.041(d) <br />A Tex. Tax Code 426.041(1) <br />N Tex. Tax Code §26.041(d) <br />Tex. Tax Code §26.040 <br />Tex. Tax Code §26.040 <br />"Tex. Tax Code §26.045(d) <br />"Tex. Tax Code §26.045(i) <br />asw addffionM copes, aeiisIhL coii,n to°oll A. w,tiec:s/fiaiii,l: i�'lllAwcll�u rLy ta��i�r f:'�"a <br />
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