(name of governing body) (name of taxing unit)
PROPOSED TAX RATE
NO-NEW-REVENUE TAX RATE
VOTER-APPROVAL TAX RATE
per $100
per $100
per $100
ear that will raise the sa
Form 50-883
Statements 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.
Form 50-880
NOTICE OF MEETING TO VOTE
ON TAX RATE
A tax rate of $_________________________________ per $100 valuation has been proposed by the governing body of
__________________________________________________ .
$ ___________________
$ _ __________________
$ _ __________________
The no-new-revenue tax rate is the tax rate for the _______________________________ tax y me amount
(current tax year)
of property tax revenue for __________________________________________________ from the same properties in both
(name of taxing unit)
the ________________________ tax year and the _______________________ tax year.
(preceding tax year) (current tax year)
The voter-approval rate is the highest tax rate that __________________________________________ may adopt without holding
(name of taxing unit)
an election to seek voter approval of the rate.
The proposed tax rate is not greater than the no-new-revenue tax rate. This means that ___________________________ is not
(name of taxing unit)
proposing to increase property taxes for the _________________ tax year.
(current tax year)
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON _______________________________
(date and time)
at __________________________________________________________________________________.
(meeting place)
The proposed tax rate is also not greater than the voter-approval tax rate. As a result, __________________________ is not
(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 _______________________________ of ____________________________________ at their
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.)
FOR the proposal:
AGAINST the proposal:
PRESENT and not voting:
ABSENT:
Form developed by: Texas Comptroller of Public Accounts, Property Tax Assistance Division
For additional copies, visit: comptroller.texas.gov/taxes/property-tax
50-883 • Rev.5-20
August 26, 2020 at 6:00 pm
Harrell Fine Arts Building, Room 215, 101 College Heights, Cisco, TX 76437
G.Cary, J.Conring, J.Jarvis, M.Johnson, R.Ledbetter, R.Whatley, S.Wilcoxen, S.Wilks
