My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Agenda Packet
City-of-Paris
>
City Council
>
Agenda Packets
>
2025
>
08-11-2025
>
Agenda Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/7/2025 4:42:40 PM
Creation date
8/7/2025 4:40:16 PM
Metadata
Fields
Template:
AGENDA
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
110
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
2025 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 507856 <br />51. COUNTIES ONLY. Add together the voter -approval tax rates for each type of tax the county levies. The total is the current year county voter-approv- i <br />aI tax rate. <br />$ N/A /$too <br />Cities, counties and hospital districts may levy a sales tax specifically to reduce property taxes. Local voters by election must approve imposing or abolishing the additional sales <br />tax. If approved, the taxing unit must reduce its NNR and voter -approval tax rates to offset the expected sales tax revenue. <br />This section should only be completed by a county, city or hospital district that is required to adjust its NNR tax rate and/or voter -approval tax rate because <br />it adopted the <br />additional sales tax. <br />52. Taxable Sales. For taxing units that adopted the sales tax in November of the prior tax year or May of the current tax year, enter the <br />Comptroller's estimate of taxable sales for the previous four quarters. 15 Estimates of taxable sales may be obtained through the Comptroller's <br />Allocation Historical Summary webpage. <br />Taxing units that adopted the sales tax before November of the prior year, enter 0. <br />............ <br />$ 0 <br />53. 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. 36 <br />Taxing units that adopted the sales tax in November of the prior tax year or in May of the current tax year. Multiply the amount on <br />Line 52 by the sales tax rate (.01, .005 or .0025, as applicable) and multiply the result by .95.37 <br />-or- <br />Taxing units that adopted the sales tax before November of the prior year. Enter the sales tax revenue for the previous four quarters. <br />Do not multiply by .95. <br />$ N/A <br />54. Current year total taxable value. Enter the amount from Line 22 of the No -New -Revenue Tax Rate Worksheet. <br />$ 2,682,981,410 <br />55. Sales tax adjustment rate. Divide Line 53 by Line 54 and multiply by $100. <br />.... ..... .................... <br />$ N/A /$10o <br />56. Current year NNR tax rate, unadjusted for sales tax.38 Enter the rate from Line 27 or 28, as applicable, on the No -New -Revenue Tax Rate <br />Worksheet. <br />$0 '.42-701 /$too <br />57. Current year NNR tax rate, adjusted for sales tax. <br />Taxing units that adopted the sales tax in November the prior tax year or in May of the current tax year. Subtract Line 55 from Line <br />56. Skip to Line 58 if you adopted the additional sales tax before November of the prior tax year. <br />$ N/A /$too <br />58. Current year voter -approval tax rate, unadjusted for sales tax.39 Enter the rate from Line 50, Line D50 (disaster) or Line 51 (counties) as <br />applicable, of the Voter -Approval Tax Rate Worksheet. <br />..... ............. . .................. <br />$ 0.46387 /$100 <br />59. Current year voter -approval tax rate, adjusted for sales tax. Subtract Line 55 from Line 58. <br />................. .. ........ <br />$ 0.46387 /$too <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 unit's 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 theTCEQ 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 />60. Certified expenses from the Texas Commission on Environmental Quality (TCEQ). Enter the amount certified in the determination letter <br />from TCEQ. 4°The taxing unit shall provide its tax assessor -collector with a copy of the letter. 41 $ N/A <br />...... <br />61. Current year total taxable value. Enter the amount from Line 22 of the No -New -Revenue Tax Rate Worksheet $ 2,682,981,410 <br />62. Additional rate for pollution control. Divide Line 60 by Line 61 and multiply by $100. $ N/A /$100 <br />" Tex. Tax Code §26.041(d) <br />Tex. Tax Code §26.041(i) <br />" Tex Tax Code §26.041(d) <br />Tex Tax Code §26.04(c) <br />"Tex. Tax Code §26.04(c) <br />'Tex. Tax Code 526.045(d) <br />61 Tex. Tax Code §26.045(i) <br />I or adds ileal uaall colt ies, visiit: corwnptircHeiii,,,trexas.gov/lLa)ces/piroperty lax Page'7 <br />
The URL can be used to link to this page
Your browser does not support the video tag.