Notice of 2019 Proposed Property Tax Rate
NOTICE OF 2019 TAX YEAR PROPOSED PROPERTY TAX RATE FOR
CITY OF KERENS
A tax rate of $0.680500 per $100 valuation has been proposed by the governing body of CITY OF KERENS. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate.
The governing body of CITY OF KERENS proposes to use revenue attributable to the tax rate increase for the purpose of MAINTENANCE AND OPERATION.
PROPOSED TAX RATE $0.680500 per $100
PRECEDING YEAR’S TAX RATE $0.692200 per $100
EFFECTIVE TAX RATE $0.660500 per $100
ROLLBACK TAX RATE $0.713300 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for CITY OF KERENS from the same properties in both the 2018 tax year and the 2019 tax year.
The rollback tax rate is the highest tax rate that CITY OF KERENS may adopt before voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate.
YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS:
Property tax amount = (rate) x (taxable value of your property) / 100
For assistance or detailed information about tax calculations, please contact:
NAVARRO Tax Assessor-Collector
601 N 13TH ST, SUITE 2 CORSICANA, TX 75110
You are urged to attend and express your views at the following public hearings on proposed tax rate:
First Hearing: 09/06/2019 2:00 PM at KERENS CITY HALL 200 S COLKET AVE KERENS, TX 75144
SECOND Hearing: 09/12/2019 4:30 PM at KERENS CITY HALL 200 S COLKET AVE KERENS, TX 75144