Notice of Public Hearing on Tax Increases
Notice of Public Hearing on Tax Increase
The City of Schertz 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 4.92 percent
(percentage by which proposed tax rate exceeds lower of rollback tax rate or effective
tax 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 16, 2011 at 6:00 p.m at Council
Chambers, City Hall, 1400 Schertz Parkway, Building # 4, Schertz, Texas.
The second public hearing will be held on August 23, 2011 at 6:00 p.m at Council
Chambers, City Hall, 1400 Schertz Parkway, Building # 4, Schertz, Texas.
The members of the governing body voted on the proposal to consider the tax increase
as follows:
FOR:
Jim Fowler
George Antuna Jr.David Scagliola
Michael Carpenter Cedric Edwards Sr.
AGAINST:
PRESENT
and not voting:
ABSENT:
The average taxable value of a residence homestead in City of Schertz last year was
$155,096. Based on last year's tax rate of $0.4493 per $100 of taxable value, the
amount of taxes imposed last year on the average home was $696.85.
The average taxable value of a residence homestead in City of Schertz this year is
$159,691. If the governing body adopts the effective tax rate for this year of $0.4616
per $100 of taxable value, the amount of taxes imposed this year on the average home
would be $737.13.
If the governing body adopts the proposed tax rate of $0.4843 per $100 of taxable
value, the amount of taxes imposed this year on the average home would be $773.38.
Members of the public are encouraged to attend the hearings and express their views.