|
|
 |
Notice of Public Hearing on Tax Increase
The Montgomery County E.S. D. #6 will hold two public hearings on a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by 12.11 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax rate calculated under Chapter 26, Tax Code). Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.
The first public hearing will be held on August 18, 2008 at 2:00 PM at the Porter Fire Dept., 23550 Loop 494, Porter, Texas.
The second public hearing will be held on August 22, 2008 at 2:00 PM at the Porter Fire Dept., 23550 Loop 494, Porter, Texas.
The members of the governing body voted on the proposal to consider the tax increase as follows:
FOR: T. COOK J. KELLEY
L. TROUT D. CLICK
AGAINST: NONE
PRESENT and not voting: NONE
ABSENT: M. NEELY
The average taxable value of a residence homestead in Montgomery County E.S. D. #6 last year was $93,214. Based on last year’s tax rate of $0.1000 per $100 of taxable value, the amount of taxes imposed last year on the average home was $93.21.
The average taxable value of a residence homestead in Montgomery County E.S. D. #6 this year is $105,133. If the governing body adopts the effective tax rate for this year of $0.0892 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $93.78.
If the governing body adopts the proposed tax rate of $0.1000 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $105.13.
Members of the public are encouraged to attend the hearings and express their views.
2008 Property Tax Rates in Montgomery County E.S.D. #6
This notice concerns 2008 property tax rates for Montgomery County E.S.D. #6. It presents information about three tax rates. Last year’s tax rate is the actual rate the taxing unit used to determine property taxes last year. This year’s effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year’s rollback tax rate is the highest tax rate the taxing unit can set before taxpayers can start tax rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value.
Last year’s tax rate:
Last year’s operating taxes $603,589
Last year’s debt taxes $568,428
Last year’s total taxes $1,172,017
Last year’s tax base $1,172,017,000
Last year’s total tax rate 0.1000/$100
This year’s effective tax rate:
Last year’s adjusted taxes $1,168,176 (after subtracting taxes on lost property)
÷ This year’s adjusted tax base $1,309,282,829 (after subtracting value of new property)
= This year’s effective tax rate 0.0892/$100 (Maximum rate unless unit publishes notices and holds hearings.)
This year’s rollback tax rate:
Last year’s adjusted operating taxes (after $601,562 subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate, and/or enhanced indigent health care expenditures)
÷ This year’s adjusted tax base $1,309,282,829
= This year’s effective operating rate 0.0459/$100
x 1.08 = this year’s maximum operating rate 0.0495/$100
+ This year’s debt rate 0.0505/$100
= This year’s total rollback rate 0.1000/$100
Statement of Increase/Decrease
If Montgomery County E.S.D. #6 adopts a 2008 tax rate equal to the effective rate of $0.0892 per $100 of value, taxes would increase compared to 2007 taxes by $71,902.
Schedule A – Unencumbered Fund Balances
The following estimated balances will be left in the unit’s property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation.
Type of Property Tax Fund Balance
Schedule B – 2008 Debt Service
The unit plans to pay the following amounts for long term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable.)
Principal or Interest to be Contract Payments Paid from Other Description to be Paid from Property Amounts Total of Debt Property Taxes Taxes To be Paid Payment
04 Pumper Trk $44,581 $3,188 $0 $47,769
Fire Station $101,230 $26,283 $0 $127,513
Pierce Trk Rehab $50,000 $3,690 $0 $53,690
Dispatch $0 $0 $25,000 $25,000
Insurance $0 $0 $126,000 $126,000
Radio Twr $0 $0 $6,500 $6,500
Capital $0 $0 $317,765 $317,765
Total Required for 2008 Debt Service $704,237
- Amount ( if any) paid from funds listed in Schedule A $0
- Amount (if any) paid from other resources $0
- Excess collections last year $0
= Total to be paid from taxes in 2008 $704,237
+ Amount added in anticipation that the unit will $0 collect only 100.00% of its taxes in 2008
= Total Debt Levy $704,237
This notice contains a summary of actual effective and rollback tax rate calculations. You can inspect a copy of the full calculations at 400 N. San Jacinto, Conroe, Texas.
Name of person preparing this notice: J.R. Moore, JR
Title Tax Assessor – Collector
Date Prepared: August 4, 2008
The Porter Fire Dept. was established in 1962 and has since been proudly serving the residents of Eastern Montgomery County, Texas. In 1998 to keep up with the ever-increasing call volume of the area, The Montgomery County Emergency Services District # 6 was formed, by and for the people of the Porter community. MCESD # 6 is governed by Montgomery County Commissioners Court and is responsible for providing both fire suppression and EMS – first responder services to the community. MCESD # 6 receives its funding at the rate of .10 cents for every 100.00 dollars of property value as regulated by the Texas Constitution, and a half-cent sales tax on applicable sales transactions in the district.
The fire district is comprised of 52 square miles and is served by 3 fire stations, and 15 apparatus. The combination fire department includes both a paid staff & volunteer members.
Now Hiring!
View our Employment section for details
Employment |
|
|
