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Tax Rate NoticeNOTICE OF 2015 TAX YEAR PROPOSED PROPERTY TAX RATE FOR CITY OF SCHERTZ A tax rate of $0.4911 per $100 valuation has been proposed for adoption by the governing body of City of Schertz. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate. PROPOSED TAX RATE $0.4911 per $100 PRECEDING YEAR'S TAX RATE $0.4974 per $100 EFFECTIVE TAX RATE $0.4666 per $100 ROLLBACK TAX RATE $0.4912 per $100 The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of Schertz from the same properties in both the 2014 tax year and the 2015 tax year. The rollback tax rate is the highest tax rate that City of Schertz may adopt before voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate. YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS: property tax amount= (rate) x (taxable value of your property)/100 For assistance or detailed information about tax calculations, please contact: Tavie Murphy Tax Guadalupe County Tax Assessor/Collector 307 West Court St. , Seguin, Texas 830 303-8850 tavie@co.guadalupe.tx.us www.co.guadalupe.tx.us You are urged to attend and express your views at the following public hearings on the proposed tax rate: First Hearing: August 18, 2015 at 6:00 P.M at Council Chambers City Hall, 1400 Schertz Parkway, Building # 4, Schertz, Texas. Second Hearing: August 25, 2015 at 6:00 P.M at Council Chambers City Hall, 1400 Schertz Parkway, Building # 4, Schertz, Texas.