The Palo Pinto Emergency Service District #1 will hold two public
hearings on a proposal to increase total tax revenues from properties
on the tax roll in the preceding tax year by .77 percent (percentage by
which proposed tax rate exceeds lower of rollback tax rate or effective
tax calculated under Chapter 26, Tax Code). Your individual taxes may
increase at a greater or lesser rate, or even decrease, depending on the
change in the taxable value of your property in relation to the change in
taxable value of all other property and the tax rate that is adopted.
The first public hearing will be held on August 15, 2019 at 3:00 PM at
the County Courtroom, 520 Oak Street, Palo Pinto, Texas 76484.
The second public hearing will be held on August 22, 2019 at 6:00
PM at the Palo Pinto County Extension Office, 221 S. 5th Ave., Palo
Pinto, Texas 76484.
The members of the governing body voted on the proposal to consider
the tax increase as follows:
FOR:
Tye Jackson
Carolyn Land
Lynn Reasoner
Ken Backes
AGAINST: None
PRESENT AND NOT VOTING: None
ABSENT: Michael Henderson
The average taxable value of a residence homestead in Palo Pinto
Emergency Service District #1 last year was $144,771. Based on last
years tax rate of $0.030000 per $100 of taxable value, the amount of
taxes imposed last year on the average home was $43.43.
The average taxable value of a residence homestead in Palo Pinto
Emergency Service District #1 this year is $149,348. If the governing
body adopts the effective tax rate for this year of $0.0297709 per $100
of taxable value, the amount of taxes imposed this year on the average
home would be $44.46.
If the governing body adopts the proposed tax rate of $0.030000 per
$100 of taxable value, the amount of taxes imposed this year on the
average home would be $44.80.
Members of the public are encouraged to attend the hearings and
express their views.
