Notice of Public Hearing on Tax Rate

The·MontgometvCourif¼,Mµr;iicipal · Utility District No, 8 will hold a public hearing on a proposed tax rate for the tax year 2020 on September 09, 2020 at 9:00 AM via video and telephone conference call pursuant to Texas Government Code, Section 551.125, as amended, and as modified by the temporary suspension of various provisions thereof effective March 16, 2020, by the Governor of Texas in accordance with the Texas Disaster Act of 1975, all as related to the Governor’s proclamation on March 13, 2020, certifying that the COVID-19 pandemic poses an imminent threat of disaster and declaring a state of disaster for all counties in Texas.

The video conference link is https://meetings.ringcentral.com/j/7854394780 and the telephone conference call phone number is 469-445-0100. The Conference ID is 785 439 4780# and the password is 77356.

Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the tax rate that is adopted and on the change in the taxable value of your property in relation to the change in taxable value of all other property. The change in the taxable value of your property in relation to the change in the taxable value of all other property determines the distribution of the tax burden among all property owners.

For

John Tryon
John L. Patton
Margie Barlow
Randolph C. Moravec
Bob Leasure

Against

NONE

Present and not voting

NONE

Absent

NONE

The following table compares taxes on an average residence homestead in this taxing unit last year to taxes proposed on the average residence homestead this year.

Total tax rate (per $100 of value)

  • Last Year: 0.3000 Adopted
  • This Year: 0.2968 Proposed

Difference in rates per $100 of value: -0.0032

Percentage increase/decrease in rates (+/-): -1.07%

Average residence homestead appraised value

  • Last Year: $277,664
  • This Year: $290,360

General homestead exemptions available (excluding 65 years of age or older or disabled persons exemptions)

  • Last Year: $0
  • This Year: $0

Average residence homestead taxable value

  • Last Year: $277,664
  • This Year: $290,360

Tax on average residence homestead

  • Last Year: $ 832.99
  • This Year: $ 861.79

Annual increase/decrease if proposed tax rate is adopted (+/-): $ 28.80; and percentage of increase (+/-): 3.46%

NOTICE OF VOTE ON TAX RATE

If the district adopts a combined debt service, operation and maintenance and contract tax rate that would result in the taxes on the average residence homestead increasing by more than 3.5 percent, an election must be held to determine whether to approve the operation and maintenance tax rate under Section 49.23602, Water Code.

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.

Notice of Public Hearing on Tax Rate (PDF)