Notice of Meeting to Vote on Tax RateStatements 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,
as prescribed by Tax Code §26.061.
NOTICE OF MEETING TO VOTE,
A
A tax rate of $, 0.48078 per $100 valuation has been proposed by the governing body of
PROPOSED TAX RATE
NO -NEW -REVENUE TAX RATE
VOTER -APPROVAL TAX RATE
$ 0.48078 per $100
$ 0.48398.._ ...,.....n ..�r...... per $100
$ 0.48078......��...................... W�......�_ per $100
Form 50-883
The no -new -revenue tax rate is the tax rate for the. .... 2020_ tax year that will raise the same amount
(current tar year)
of property tax revenue for City of Paris from the same properties in both
(name of taring unit)
the 2019----_.--...—...... ...- tax year and the _ 2020 tax year.
(preceding tax year) (current tax year)
The voter -approval rate is the highest tax rate that City of Paris_..............-............-..........................._. may adopt without holding
(name of taxing unit)
an election to seek voter approval of the rate.
proposed g City of Paris is not
The ro osed tax rate is not greater than the no -new -revenue tax rate. This means that �IT_...... _
(name of taxing unit)
proposing to increase property taxes for the 2020 tax year.
(current tax year)
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 14, 2020 at 5:30 P.M.
(date and time) ..W.
at Council Chamber, City Hall, 107 E. Kaufman, Paris, Texas
(meeting place)
proposed g pp _mmm , f Paris is not
The ro osed tax rate is also not greater than the voter -approval tax rate. As a result, i om-w
(name of taxing unit)
required to hold an election to seek voter approval of the rate. However, you may express your support for or opposition to the
proposed tax rate by contacting City Council of mCit ofParis�. mmm mamma at their
(name afgoverning body) (name of taxing unit)
offices or by attending the public meeting mentioned above.
YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount = ( tax rate ) x ( taxable value of your property ) / 100
(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.)
'S'teve Clifford, Paula Portugal, Gary Savage, Derrick Hughes, Linda Knox &
FOR the proposal: Clayton Pilgrim
AGAINST the proposal: No
PRESENT and not voting: None
ABSENT: Renae Stone
Formcletvelopedby: Texas Comptroll rofPublicAccounts,PiopertyTaxFssistanceDivision For additional copies, visit: comptroffer.texas.gov/taxes/property-tax
50-883 • Rev.5-20
Notice of Meeting to Vote on Tax Rate Form 50-883
The 86th Legislature modified the manner in which the voter -approval tax rate is calculated to limit the rate of growth of property
taxes in the state.
The following table compares the taxes imposed on the average residence homestead by CI!,y of Parise last year
(name of taxing unit)
to the taxes proposed to the be imposed on the average residence homestead by Cit off Paris mmmm _ , this year.
(name of taxing unit)
2019
Total tax rate (per 2019 adopted tax
$100 of value) rate
51608
Average 2019 average
homestead taxable taxable value
value of residence
homestead
Tax on average
homestead
Total tax levy on
all properties
87,289
2019 amount of
taxes on average
taxable value
of residence
homestead
$450.48
2019 levy
$9,119,200
2020
2020 proposed tax
rate
2020 average
taxable value
of residence
homestead
97,102
2020 amount of
taxes on average
taxable value
of residence
homestead
b � • • :
Change
Decrease of .0353 cents, or 6.84%
Increase of 11.24%
Increase of $16.37, or 3.63%
(2020 proposed Decrease of $260,859 or 2.86%
rate x current total
value)/100
$8,858,341
(if the tax assessor for the taxing unit maintains an internet website)
For assistance with tax calculations, please contact the tax assessor for ,,,City of Paris
(name of taxing unit) _µ
at 903-784-9241 _ _ or anderson aristexas. ov _, or visit paristexas.gov
(telephone) (email address) (internet website address)
number
for more information.
(if the tax assessor for the taxing unit does not maintain an internet website)
p City of Paris
For assistance with tax calculations, lease contact the tax assessor forCiwww
at 903-784-9241(name of taxing unit)
or ganderson@paristexas.gov ITmmmITITITITITmm ,
(telephone number) (email address)
� ���itwraui,aVa �ajj:wI 'avlisi°rt:couulull.itill' llllll m If�exas, ova t s/l��)r�olll!ietty tax P�Rgo 2