Tax Rate NoticeProperty Tax Rates in the City of Schertz
This notice concerns the 2021 property tax rates for the City of Schertz
This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would Impose the same
amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit
can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with
adjustments as required by state law. The rates are given per $100 of property value.
This year's no-new-revenue tax rate ............................................ $0.51461$100
This year's voter-approval tax rate ............................................. $0.5242/$100
To see the full calculations, please visit a copy of the Tax Rate Calculation Worksheet.
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding
debt obligation.
Type of Fund Balance
. .................................................................................. ....................................... - ---------------------------------------
Interest & Sinking 1
,$976,919
General Fund F$9,418,936
- ------------------------------------------------
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax
revenues
Description of Debt
Principal
I Interest
Other Amounts
Total Payment
- ----------------------- ---------
- --- ------
$
$
- --------- - ----------------- -
$
------------ -------------
$
GO 2007
340,000
85,267
F
0
I
425,267
_111111- -11-11,11,11,
GO 2012
l375, - 000
---------------
1128,677
"
�0
1111111111111-
503,677
GO 2014R
750,000
- ----------------------
[268,025
0
1,018,025
GO 2015R
-----------
10
_1 ----------- ---------
137,050,
0
----------------------------
37,050
TX 2015A
-1 -1 .............................................
1155,000
I- ----- ----- -
12,387
0
157,387
GO 20 1 6
1245,000
11-1 07
0
376,607
CO 2016A
-- ----------- ---
1195,000
140,469
10
235,469
CO 20166
60,000
140,263
0
- ------------------ -
100,263
CO 2017
-- --- ---- -
16 5, 0 00
1100,050
0
265,050
CO 2018
-- ---- - ----- ----
1245,000
_1_63,_88118
0
- ------------------
408,888
GO 2018R
--- ------------------
1185,000
_ -------------------
[
1181,819
0
366,819
CO 2019
---------------------
1 1265,000
11-1-4,600
0
379,900
- ------- -
GO 202OR
I ------------ ---
1935,000
-1 -------------------
1211,963
0
1,146,963
- --- ----------- ----- ----------------------
- Total required for debt service. . $ 6,626,915
50- 212.08 -20/18
— Amount (if any) paid from funds listed in unencumbered funds .......... $
— Amount (if any) paid from other resources 100,000
— Excess collections last year. . $ 0
Total to be paid from taxes in ...................... $ 6,526,915
(current year)
+ Amount added in anticipation that the taxing unit will collect
only _% of its taxes in ..................... $ 0
(collection rate) (current year)
Total Debt Levy .............. ............................... $ 6,526,915
50- 212.08 -20/18