NOTICE OF PUBLIC MEETING TO DISCUSSBUDGET AND PROPOSED TAX RATEwill hold a publicmeeting atHoweThe purpose of this meeting is to discuss theschool district's budget that will determine the taxrate that will be adopted. PublicparticipationThe tax , ate that is ultimately adopted at this meeting or at a separate meeting at . later date may not mcerdand comparisons set out below and holds another public meeting to discuss the revised nosiceirate shown below and holdsanor her00 Proposed rateDebt Service TaxApproved by Local Voters%-0406 -J$100 (proposed tte to pay bonded indebtedness)Comparison of Proposed Budget with Last Year's BudgetThe applicable percentage increase or decrease foe difference) in the amount budgeted in the peecedingiscal year and the amount budgeted for the fiscal year that begins during the current tax year is indicatedfor each of the following expenditure categories:for the fiscal yeaTotal expend turesincreaseoTotal Appraised Valut and Total Taxable Valulas calculated under Tax Code Section 26.04)Preceding Tax Yer Current Tak YearTotal appraised value" of all propeetyTotal appraised value" of new propertyTotal taxable valueod all propertyTotal taxable values of new propenty30.921121.425.71DBonded IndebtednessComparison of Proposed Rates with Last Year's RatesLocal RevenuePer StudentState RevenuenSsudenkinaFundLast Year's Rate17000 022500 00$3,27 7,106Level of Maintenance &$ 0575 201 406717$ 1.17000 $ 040000" $ 1576005Pay Debt ServiceProposed RateComparisen of Proposed Levy with Last YearsLevyon Average ResidenceThis YearValue of Residences0,351Average MarketAverage Taxable Value of ResidencesLast Year's Rate versus Proposed Rate per $ 100 valueTaxes Due on Average ResidenceIncreas(Decrease) in Taxes52.193 r5 503.93Under state law, the dollar amount of school taxes imposed on the residence homestead of a person65 years of age or older or of the surviving spouse of such a person, if the surviving spouse was 55years of age or older when tho person died, may not b+ increased above the amount paid in the firstyear after the person turned 65, regardless of changes in tax rate or property value.Notice ef RbackRate: Thehighest taxrate the district canadopt before requiring voter approvalatanThis election will be automatically held if the district adopts1.0542Fund BalancesThe following estimated balances will remain at the end of the current fiscal year and are not encumberedwith or by a corresponding debs oblgation less estimated funds necessary for operating the district beforereceipt of the first state aid paymentMaintenance and Operations Fund Balance(s)4257-784Interest&Sinking Fund Balances)5 541,225

Date: June 10, 2018

Expired Ad

This ad expired on
June 17, 2018 (8 days ago)
more_vert

Notice Of Public Meeting To Discuss Budget And Proposed Tax Rate

Public Services / Government Office

Call
Call +10000000000

Text

NOTICE OF PUBLIC MEETING TO DISCUSS BUDGET AND PROPOSED TAX RATE will hold a public meeting at Howe The purpose of this meeting is to discuss the school district's budget that will determine the taxrate that will be adopted. Publicparticipation The tax , ate that is ultimately adopted at this meeting or at a separate meeting at . later date may not mcerd and comparisons set out below and holds another public meeting to discuss the revised nosice irate shown below and holdsanor her 00 Proposed rate Debt Service Tax Approved by Local Voters %-0406 -J$100 (proposed tte to pay bonded indebtedness) Comparison of Proposed Budget with Last Year's Budget The applicable percentage increase or decrease foe difference) in the amount budgeted in the peeceding iscal year and the amount budgeted for the fiscal year that begins during the current tax year is indicated for each of the following expenditure categories: for the fiscal yea Total expend tures increaseo Total Appraised Valut and Total Taxable Valu las calculated under Tax Code Section 26.04) Preceding Tax Yer Current Tak Year Total appraised value" of all propeety Total appraised value" of new property Total taxable valueod all property Total taxable values of new propenty 30.921121.425.71D Bonded Indebtedness Comparison of Proposed Rates with Last Year's Rates Local Revenue Per Student State Revenue nSsuden kinaFund Last Year's Rate 17000 022500 00$3,27 7,106 Level of Maintenance & $ 0575 201 406717 $ 1.17000 $ 040000" $ 1576005 Pay Debt Service Proposed Rate Comparisen of Proposed Levy with Last YearsLevyon Average Residence This Year Value of Residences 0,351 Average Market Average Taxable Value of Residences Last Year's Rate versus Proposed Rate per $ 100 value Taxes Due on Average Residence Increas(Decrease) in Taxes 52.193 r 5 503.93 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 tho person died, may not b+ increased above the amount paid in the first year after the person turned 65, regardless of changes in tax rate or property value. Notice ef RbackRate: Thehighest taxrate the district canadopt before requiring voter approvalatan This election will be automatically held if the district adopts 1.0542 Fund Balanc es The following estimated balances will remain at the end of the current fiscal year and are not encumbered with or by a corresponding debs oblgation less estimated funds necessary for operating the district before receipt of the first state aid payment Maintenance and Operations Fund Balance(s) 4257-784 Interest&Sinking Fund Balances) 5 541,225