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Res 2022-187R/setting a maximum proposed Tax Rate of $60.30 cents per $100 taxable value
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Res 2022-187R/setting a maximum proposed Tax Rate of $60.30 cents per $100 taxable value
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Last modified
11/7/2022 2:09:01 PM
Creation date
10/25/2022 3:45:11 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2022-187R
Date
8/16/2022
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2022 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts = Form 50-856 <br /> 36. Rate adjustment for county indigent defense compensation.21 <br /> A. 2022 indigent defense compensation expenditures.Enter the amount paid by a county to provide <br /> appointed counsel for indigent individuals and fund the operations of a public defender's office under <br /> Article 26.044,Code of Criminal Procedure for the period beginning on July 1,2021 and ending on $ 0 <br /> June 30,2022,less any state grants received by the county for the same purpose.................. <br /> B. 2021 indigent defense compensation expenditures.Enter the amount paid by a county to provide <br /> appointed counsel for indigent individuals and fund the operations of a public defender's office under <br /> Article 26.044,Code of Criminal Procedure for the period beginning on July 1,2020 and ending on $ 0 <br /> June 30,2021,less any state grants received by the county for the same purpose.. . . . . . . . . . . . . <br /> C. Subtract B from A and divide by Line 32 and multiply by$100............................................ $ 0/$100 <br /> D. Multiply B by 0.05 and divide by Line 32 and multiply by$100............................................ $ 0/$100 <br /> E. Enter the lesser of C and D.If not applicable,enter 0. $ 0/$100 <br /> 37. Rate adjustment for county hospital expenditures.21 <br /> A. 2022 eligible county hospital expenditures.Enter the amount paid by the county or municipality <br /> to maintain and operate an eligible county hospital for the period beginning on July 1,2021 and <br /> ending on June 30,2022............................................................................... $ 0 <br /> B. 2021 eligible county hospital expenditures.Enter the amount paid by the county or municipality <br /> to maintain and operate an eligible county hospital for the period beginning on July 1,2020 and <br /> ending on June 30,2021............................................................................... $ 0 <br /> C. Subtract B from A and divide by Line 32 and multiply by$100............................................ $ 0/$100 <br /> D. Multiply B by 0.08 and divide by Line 32 and multiply by$100............................................ $ 0/$100 <br /> E. Enter the lesser of C and D,if applicable.Knot applicable,enter 0. $ 0/$100 <br /> 38. Rate adjustment for defunding municipality.This adjustment only applies to a municipality that is considered to be a defunding municipality <br /> for the current tax year under Chapter 109,Local Government Code.Chapter 109,Local Government Code only applies to municipalities with a <br /> population of more than 250,000 and includes a written determination by the Office of the Governor.See Tax Code 26.0444 for more information. <br /> A. Amount appropriated for public safety in 2021.Enter the amount of money appropriated for public <br /> safety in the budget adopted by the municipality for the preceding fiscal year............................ $ 0 <br /> B. Expenditures for public safety in 2021.Enter the amount of money spent by the municipality for public <br /> safety during the preceding fiscal year.................................................................. $ 0 <br /> C. Subtract B from A and divide by Line 32 and multiply by$100........................................... $ 0/$100 <br /> D. Enter the rate calculated in C.If not applicable,enter 0. $ 0/$100 <br /> 39. Adjusted 2022 NNR M&O rate.Add Lines 33,34D,35D,36E,and 37E.Subtract Line 38D. $ 0.3688/$100 <br /> 40. Adjustment for 2021 sales tax specifically to reduce property values.Cities,counties and hospital districts that collected and spent addi- <br /> tional sales tax on M&O expenses in 2021 should complete this line.These entities will deduct the sales tax gain rate for 2022 in Section 3. <br /> Other taxing units,enter zero. <br /> A. Enter the amount of additional sales tax collected and spent on M&O expenses in 2021,if any. <br /> Counties must exclude any amount that was spent for economic development grants from the amount <br /> of sales tax spent...................................................................................... $ 12,238,194 <br /> B. Divide Line 40A by Line 32 and multiply by$100........................................................ $ 0.1775/$100 <br /> C. Add Line 40B to Line 39. $ 0.5463/$100 <br /> 41. 2022 voter-approval M&O rate.Enter the rate as calculated by the appropriate scenario below. $ 0.5654/$100 <br /> Special Taxing Unit.If the taxing unit qualifies as a special taxing unit,multiply Line 40C by 1.08. <br /> -or- <br /> Other Taxing Unit.If the taxing unit does not qualify as a special taxing unit,multiply Line 40C by 1.035. <br /> 'Tex.Tax Code 4 26.0442 <br /> 'B Tex.Tax Code 4 26.0443 <br /> For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 5 <br />
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