NOTICE OF PUBLIC HEARING
ON TAX INCREASE



A tax rate of $0.575000 per $100 valuation has been proposed by the governing body of Childress County.

PROPOSED TAX RATE $0.575000 per $100
NO-NEW-REVENUE TAX RATE $0.516099 per $100
VOTER-APPROVAL TAX RATE $0.518598 per $100
DE MINIMIS RATE $0.594886 per $100


The no-new-revenue tax rate is the tax rate for the 2023 tax year that will raise the same amount of property tax revenue for Childress County from the same properties in both the 2022 tax year and the 2023 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, unless the de minimis rate for Childress County exceeds the voter-approval rate for Childress County.

The de minimis rate is the rate equal to the sum of the no-new-revenue maintenance and operations rate for Childress County, the rate that will raise $500,000, and the current debt rate for Childress County.

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 2023 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 28, 2023 AT 5:00 PM AT COMMISSIONERS' MEETING ROOM - COUNTY COURT HOUSE, 100 AVE E NW. CHILDRESS, TX 79201.

The proposed tax rate is greater than the voter-approval tax rate but not greater than the de minimis rate. However, the proposed tax rate exceeds the rate that allows voters to petition for an election under Section 26.075, Tax Code. If Childress County adopts the proposed tax rate, the qualified voters of the Childress County may petition the Childress County to require an election to be held to determine whether to reduce the proposed tax rate. If a majority of the voters reject the proposed tax rate, the tax rate of the Childress County will be the voter-approval tax rate of the Childress County.

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: JEREMY HILL MARK ROSS
KEVIN HACKLER RICK ELLIOTT
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.

2022
2023
Change
Total tax rate (per $100 of value) $0.560000 $0.575000 increase of 0.015000, or 2.68%
Average homestead taxable value $86,721 $96,911 increase of 10,190, or 11.75%
Tax on average homestead $485.64 $557.24increase of 71.60, or 14.74%
Total tax levy on all properties $2,879,642 $3,221,727 increase of 342,085, or 11.88%


No-New-Revenue Maintenance and Operations Rate Adjustments

State Criminal Justice Mandate
The Childress County County Auditor certifies that Childress County County has spent $206,129 in the previous 12 months for the maintenance and operations cost of keeping inmates sentenced to the Texas Department of Criminal Justice. Childress County County Sheriff has provided Childress County information on these costs, minus the state revenues received for reimbursement of such costs. This increased the no-new-revenue maintenance and operations rate by $0.000996/$100.

Indigent Health Care Compensation Expenditures
The Childress County spent $123,883 from July 1, 2022 to June 30, 2023 on indigent health care compensation expenditures at the increased minimum eligibility standards, less the amount of state assistance. For the current tax year, the amount of increase above last year's enhanced indigent health care expenditures is $8,925. This increased the no-new-revenue maintenance and operations rate by $0.001601/$100.


For assistance with tax calculations, please contact the tax assessor for Childress County at 940-937-2221 or kimberly.jones@childresstx.us, or visit childresstx.us for more information.