The _________________________________________________________________________________________
(name of school district)
______________________________________________________________________
(time, date, year)
___________________________________________________________________________________________
(name of room, building, physical location)
_____________________________________________________________________________________________.
(city, state)
Maintenance Tax $
_______________/$100 (Proposed rate to pay bonded indebtedness)
_______________/$100 (Proposed rate for maintenance and operations)
School Debt Service Tax
Approved by Local Voters $
Preceding Tax Year Current Tax Year*
Total appraised value** of all property $ _________________ $ _________________
Total appraised value** of new property*** $ _________________ $ _________________
Total taxable value**** of all property $ _________________ $ _________________
Total taxable value**** of new property*** $ _________________ $ _________________
* All values identified are based on estimate(s) of taxable value received pursuant to Tax Code Section 26.01(e).
** Appraised value is the amount shown on the appraisal roll and defined by Tax Code Section 1.04(8).
*** New property is defined by Tax Code Section 26.012(17).
**** Taxable value is defined by Tax Code Section 1.04(10).
NOTICE OF PUBLIC MEETING
TO DISCUSS PROPOSED TAX RATE
will hold a public meeting at
in
The purpose of this meeting is to discuss the school district’s tax rate that will be adopted.
Public participation in the discussion is invited.
The school district has elected to adopt a tax rate before receiving the certified appraisal roll from the chief appraiser(s) of
the appraisal district(s) and before adopting a budget. In accordance with Tax Code Section 26.05(g), the chief appraiser(s) of
the appraisal district(s) in which the school district participates has (have) certified to the assessor for the school district an
estimate of the taxable value of property in the school district as provided by Tax Code Section 26.01(e). In accordance with
Education Code Section 44.004(j), following adoption of the tax rate, the school district will publish notice and hold another
public meeting before the school district adopts a budget.
The tax rate that is ultimately adopted at this meeting or at a separate meeting at a later date may not exceed the proposed rate shown
below unless the district publishes a revised notice containing the same information and comparisons set out below and holds another
public meeting to discuss the revised notice.
Total Appraised Value and Total Taxable Value
(as calculated under Tax Code Section 26.04)
Bonded Indebtedness
New Braunfels Independent School District
6:30 p.m. August 17, 2020
Board Room of the Administration Center, 1000 N. Walnut Avenue
New Braunfels, Texas
0.8975
0.3258
7,283,169,533
8,069,095,219
275,488,981
254,458,760
6,211,790,347
6,851,846,014
253,082,107
243,937,104
Total amount of outstanding and unpaid bonded indebtedness* $ _________________
* Outstanding principal.
Comparison of Proposed Rates with Last Years Rates
Maintenance Interest Local Revenue State Revenue
& Operations & Sinking Fund* Total Per Student Per Student
Last Years Rate $_____________ $ _____________* $ _____________ $ _____________ $ _____________
Rate to Maintain Same
Level of Maintenance &
Operations Revenue &
Pay Debt Service $_____________ $ _____________* $ _____________ $ _____________ $ _____________
Proposed Rate $_____________ $ _____________* $ _____________ $ _____________ _____________
* The Interest & Sinking Fund tax revenue is used to pay for bonded indebtedness on construction, equipment, or both.
The bonds, and the tax rate necessary to pay those bonds, were approved by the voters of this district.
$
Comparison of Proposed Levy with Last Years Levy on Average Residence
Last Year This Year
Average Market Value of Residences $
$
______________ $ ______________
Average Taxable Value of Residences $ ______________ ______________
Last Year’s Rate Versus Proposed Rate per $100 Value $ $ ______________ ______________
Taxes Due on Average Residence $ ______________ $ ______________
Increase (Decrease) in Taxes $ ______________
Under state law, the dollar amount of school taxes imposed on the residence homestead of a person 65 years of age or older
or of the surviving spouse of such a person, if the surviving spouse was 55 years of age or older when the person died, may
not be increased above the amount paid in the first year after the person turned 65, regardless of changes in tax rate or
property value.
Notice of Voter-Approval Rate: The highest tax rate the district can adopt before requiring voter
approval at an election is _____________________.
(the school district voter-approval rate determined under Section 26.08, Tax Code)
This election will be automatically held if the district adopts a rate in excess of the voter-approval rate
of _____________________.
(the school district voter-approval rate)
Fund Balances
The following estimated balances will remain at the end of the current fiscal year and are not encumbered with or by a corresponding
debt obligation, less estimated funds necessary for operating the district before receipt of the first state aid payment:
Maintenance and Operations Fund Balance(s) $ ______________
Interest & Sinking Fund Balance(s) $ ______________
0.97
0.3258
1.2958
8,280
2,122
1.01540
0.32490
1.29806
8,451
2,016
0.8975
0.3258
1.22330
8,791
1,991
263,788
271,688
234,986
242,679
1.2958
1.2233
3,044.95
2,968.69
-76.26
1.2233
1.2233
52,413,680
8,188,005