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14 - 2024 Tax Rate Calculations
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14 - 2024 Tax Rate Calculations
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8/9/2024 9:30:54 AM
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2023 adopted tax rate. Enter the rate in Line 4 of the No -New -Revenue Tax Rate Worksheet. <br />Adjusted 2023 voter -approval tax rate. Use the taxing units Tax Rate Calculation Worksheets from the prior year(s) to complete this line. <br />If a disaster occurred in 2023 and the taxing unit calculated its 2023 voter -approval tax rate using a multiplier of 1.08 on Disaster Line 41 (D41) <br />of the 2023 worksheet due to a disaster, complete the applicable sections or lines of Form 50-856-o, Adjusted Voter -Approval Tax Rate for Taxing <br />Units in Disaster Area Calculation Worksheet. <br />If a disaster occurred prior to 2023 for which the taxing unit continued to calculate its voter -approval tax rate using a multiplier of 1.08 on <br />DisasterLine41 (D41) in 2023, complete form 50-856-a, Adjusted Voter-Approvol Tax Rote for Taxing Units in DisosterArea Calculation Worksheet <br />to recalculate the voter -approval tax rate the taxing unit would have calculated in 2023 if it had generated revenue based on an adopted tax <br />rate using a multiplier of 1.035 in the years following the disaster, 1* Enter the final adjusted 2023 voter -approval tax rate from the worksheeL <br />- or <br />Ifthe taxing unit adopted a tax rate above the 2023 voter -a rova I tax rate without calc - ar I A <br />"Tex. Tax Code §26.04(c)(2)(B) <br />-Tex. Tax Code §26.012(9-a) <br />'Tex. Tax Code §26.063(a)(1) <br />'Tex Tax Code §26.042(6) <br />"Tex Tax Code §26.042(f) <br />'Tex Tax Code §§26.42(c) <br />" Tex Tu Code §§26.42(b) <br />For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 9 <br />
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