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The original item was published from 8/26/2020 9:05:44 AM to 8/26/2020 9:26:45 AM.

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Posted on: August 26, 2020

[ARCHIVED] Notice of Meeting to Vote on Tax Rate

Public meeting notice

Proposed Tax Rate...$0.515000 Per $100
No-New-Revenue Tax Rate...$0.515708 Per $100
Voter-Approval Tax Rate...$0.528398 Per $100

The no-new-revenue tax rate is the tax rate for the 2020 tax year that will raise the same amount of property tax revenue for League City from the same properties in both the 2019 tax year and the 2020 tax year.

The voter-approval tax rate is the highest tax rate that League City may adopt without holding an election to seek voter approval of the rate.

The proposed tax rate is not greater than the no-new-revenue tax rate. This means that League City is not proposing to increase property taxes for the 2020 tax year.

A public meeting to vote on the proposed tax rate will be held on September 8, 2020, at 6:00 PM at Council Chambers, 200 West Walker, League City, Texas.

The proposed tax rate is also not greater than the voter-approval tax rate. As a result, League City is not required to hold an election to seek voter approval of the rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of City Council of League City at their offices or by attending the public meeting mentioned above.

Your taxes owed under any of the above rates can be calculated as follows: 
Property tax amount = tax rate x taxable value of your property/$100

The members of the governing body voted on the proposed tax rate as follows:
FOR: Mayor Pat Hallisey
Mayor Pro Tem Todd Kinsey
Andy Mann
Hank Dugie
Larry Millican
Greg Gripon
Chad Tressler
Nick Long

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.
To view the entire Notice of Meeting to Vote on Tax Rate, please click here.

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