NOTICE OF PUBLIC HEARING
ON TAX INCREASE
PROPOSED TAX RATE | $0.560000 per $100 | |
NO-NEW-REVENUE TAX RATE | $0.523846 per $100 | |
VOTER-APPROVAL TAX RATE | $0.564574 per $100 |
The no-new-revenue tax rate is the tax rate for the 2022 tax year that will raise the same amount of property tax revenue for Childress County from the same properties in both the 2021 tax year and the 2022 tax year.
The voter-approval rate is the highest tax rate that Childress County may adopt without holding an election to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that Childress County is proposing to increase property taxes for the 2022 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 26, 2022 AT 5:00 PM AT Commissioners' Court Room, County Court House, Childress, Texas.
The proposed tax rate is not greater than the voter-approval tax rate. As a result, Childress County is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the COMMISSIONERS OF THE COUNTY OF CHILDRESS of Childress County at their offices or by attending the public hearing mentioned above.
YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount= (tax rate) x (taxable value of your property)/100
FOR the proposal: | COMMISSIONER RICK ELLIOTT | COMMISSIONER KEVIN HACKLER |
COMISSIONER JEREMY HILL | COMMISSIONER MARK ROSS | |
AGAINST the proposal: | NONE | |
PRESENT and not voting: | NONE | |
ABSENT: | NONE | |
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
The 86th Texas 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 Childress County last year to the taxes proposed to be imposed on the average residence homestead by Childress County this year.
Total tax rate (per $100 of value) | $0.565000 | $0.560000 | decrease of -0.005000, or -0.88% |
Average homestead taxable value | $63,677 | $86,721 | increase of 23,044, or 36.19% |
Tax on average homestead | $359.78 | $485.64 | increase of 125.86, or 34.98% |
Total tax levy on all properties | $2,687,547 | $2,879,940 | increase of 192,393, or 7.16% |