Notice of Public Hearing on Tax Increase - 2013Notice 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 3.52 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 20, 2013 at 6:00 PM at Council Chambers, City Hall, 1400 Schertz Parkway, Building #4, Schertz, Texas.
The second public hearing will be held on August 27, 2013 at 6:00 PM 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 David Scagliola George ?????George Antuna Cedric Edwards AGAINST: PRESENT and not voting: ABSENT: Sydney
H Verinder The average taxable value of a residence homestead in City of Schertz last year was $164,618. Based on last year's tax rate of $0.4999 per $100 of taxable value, the amount
of taxes imposed last year on the average home was $822.93. The average taxable value of a residence homestead in City of Schertz this year is $164,748. If the governing body adopts
the effective tax rate for this year of $0.4829 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $795.57. If the governing body adopts the
proposed tax rate of $0.4999 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $823.58. Members of the public are encouraged to attend the
hearings and express their views.